Overview The gold price continues its decline clearly reaching the awaited target at 1,124.88, which supports our expectations of a deeper decrease today. It is important to monitor the price behavior when reaching the targeted level, as the break of it will extend the bearish wave and target 1,047.61 areas as the next main station. […]
Overview The silver price traded downwards yesterday coming close to testing the key support 16.56. Stochastic is reaching the oversold areas’ thresholds, which forms a positive factor that we are waiting to help the price rebound bullishly in the upcoming sessions to 17.43 levels as the next main station. In general, the bullish trend will […]
Recently, gold has been trading downwards. The price tested the $1,126.87 level in a high volume. Using the market profile, I found todays’ point of control at the price of $1,142.00 on the 30M time frame. There is also profile peak at the price of $1,137.35. Watch for small retracement to establish bearish positions. Price […]
Gold price broke below support yesterday and is heading towards $1,120 which is the next important Fibonacci level. Trend remains bearish. Trend will change only above $1,170. Red rectangle – long-term resistance Blue line – trend line resistance Oscillators are oversold but with new confirmed lows, we should expect this downside trend to continue towards […]
Recently, gold has been moving sideways at the price of $1,163.44. According to the 30M time frame, the price is trading above 21 SMA, which is a sign of strength. According to market profile analysis, yesterday’s point of control is set at the price of $1,158.50. Today, buyers are in control and I placed Fibonacci […]
Gold continues to trade around $1,160 just below the 61.8% Fibonacci retracement. With the FED rate announcement tonight we could see big swings in prices. Today could be the day we see the much anticipated reversal in Gold or a sell off towards next support of $1,120. Red rectangle – resistance area Blue lines – […]
Overview The gold price shows slight bearish bias approaching from 1,154.75 levels again. Stochastic begins to overlap negatively on the four-hour time frame, thus providing negative momentum that we were awaiting to push the price to break the mentioned level and resume the bearish trend on the intraday and short-term basis, targeting 1,124.88 levels mainly. […]
Overview The silver price traded upwards after leaning on the EMA50 yesterday and headed towards our first main awaited target at 17.43. As long as the price is above 16.56, our bullish overview will remain valid and active for the upcoming period. The price is likely to breach the targeted level to move to 18.30 […]
Recently, gold has been moving sideways at the price of $1,159.60. According to the 30M time frame, price is trading below 21 SMA and Gold may visit yesterday’s low at the level of $1,151.30. According to market profile analysis, yesterday’s point of control is set at the price of $1,157.15. If the price is rejected […]
Gold bounced towards $1,167 yesterday but the bounce was not strong enough to break above resistance of $1,180. Trend remains bearish with increased chances of reaching $1,120. However the bearish side is not to be chased. Traders should be patient and look for bullish signals. Black lines – bearish channel Price remains below the Ichimoku […]
Recently, gold has been moving downwards. As I expected, the price tested the level of $1,151.13 in a high volume. My targets from Friday have been met. According to the 30M time frame, I found strong selling presure and watch for selling opportunities. The price took off Firday’s low at the level of $1,155.95. I […]
Gold continues to trade in a bearish trend. Price has broken below short-term support and recent low at $1,160 and is heading towards channel support of $1,139 while the next long-term Fibonacci support is at $1,120. Black lines – bearish channel Gold price got rejected at the 4 hour Ichimoku cloud. Price has entered back […]
Overview The gold price is testing the 1,172.68 level, which represents the first resistance barrier that keeps the bearish trend scenario valid for today, while the EMA50 keeps its negative pressure on the intraday trading. Therefore, we still expect the bearish bias in the upcoming sessions. Our main awaited target is located at 1,124.88, while […]
Overview The silver price shows some slight bearish bias after attempting to breach 17.00 levels yesterday and approaches from testing the EMA50 that forms intraday support base now. Stochastic is entering the oversold areas, which forms a positive factor that we were waiting to push the price to rebound bullishly and resume rising in the […]
Recently, gold has been moving downwards. As I expected, the price tested the level of $1,163.20 in a high volume. My targets from yesterday has been met. According to the 30M time frame, I found strong selling presure and watch for selling opportunities. Downward target is set at the price of $1,157.00. Supply cluster I […]
Gold price although it has broken above the bearish short-term channel, the follow through was not as strong as expected. Price remains below important resistance and no reversal is confirmed yet. Black lines – bearish channel Gold price is trading below the Ichimoku cloud resistance. Resistance is at $1,180-$1,200. A break above this area will […]
Treasury Metals develops in Canada the Goliath Gold project in to production with start 2019, Greg Ferron, Treasury Metals Inc. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#198024 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy […]
MAG Silver and Altona Mining had great discoveries in their respective properties in Mexico and Australia. Both delivered great drill results and sample results as well as new discoveries which may lead in the future to a much higher mine life for their future producing mine assets, Jochen Staiger, CEO & Founder, Swiss Resource Capital […]
Recently, gold has been moving upwards. The price tested the level of $1,180.02 in a high volume. According to the 30M time frame, I found that demand bars in the background closed in the middle and later on I found absorption of demand, which is a sign of weakness. Supply cluster at the price of […]
Gold prices showed some strength yesterday as price managed to move out and above the short-term bearish channel. However, important resistance as shown by the Ichimoku cloud has still not been breached and therefore there is no trend reversal confirmation yet. On the other hand Silver prices have confirmed short-term trend reversal and this could […]
Overview Gold price is testing the first key resistance level at 1,172.68 as the price is elevated by stochastic positivity, while the EMA50 continues to form negative pressure against the intraday trading. So the odds are in favor of the expected bearish bias for today. Therefore, we are waiting for a bearish retreat to 1,124.88. […]
Overview Silver price is trading with a slight bullish bias now. Price could resume the bullish trend for today as stochastics indicates the bullish momentum. The metal is expected to breach the 16.85 level to ease the mission of heading for 17.43 which represents the first main target. Therefore, the bullish scenario is valid for […]
The price of $1,172.00 is the key level on gold. If the price rejects lower from that point, we may see potential testing of $1,165.60. Anyway, if the price breaks an upward channel, gold may visit the level of $1,177.60. The price is trading at the point of control. I found a downward channel and […]
The gold price remains near its lows while still trading inside the bearish channel. There is no reversal confirmation yet. The trend remains bearish. A long-term view remains optimistic supposing that a trend reversal will occur soon. Black lines – bearish channel Short-term support is at $1,159 and short-term resistance is at $1,190. The trend […]
Technical outlook and chart setups: Silver found support at $16.20/50 levels on November 23, 2016 and has held those lows since then. The metal is seen to be trading at $16.65/70 levels for now, looking to push higher towards $17.20 and higher levels. Please note that Silver has bounced off the vicinity of fibonacci 0.618 […]
Technical outlook and chart setups: Gold seems to have formed a meaningful bottom at $1,156.00 level early this week before pulling back higher. The metal is retracing for now and is seen to be trading at $1,167.00 for now. According to the wave structure and fibonacci ratios, the yellow metal should find support at $1,164.00 […]
Since our previous analysis, gold has been moving upward. The price tested the level of $1,175.75 in a high volume. Using the market profile on 30M time frame, I found today’s point of control at the price of $1,171.90. The price is trading above 21SMA, which is a sign of strength. Be careful when selling […]
Overview Gold was trading with a downward bias yesterday. However, the price rebounded from 1,155.00 to settle next to 1,172.68 again as stochastic provides positive signals in the four-hour time frame, while the EMA50 is forming negative pressure in the intraday trading. Therefore, this contradiction between the technical indicators makes us continue our neutral outlook […]
Overview Silver price shows a bullish bias in an effort to breach the neckline of the double bottom pattern mentioned yesterday at 16.85. This price action is supported by stochastic positivity that appears clearly in the four-hour time frame. In case the above-mentioned level is breached, this supports our expectations of a further bullish trend […]
Gold price remains above a critical long-term support area at the 61.8% Fibonacci level of the entire rise from $1,045 to $1,375. Buying interest is shown each time Gold price dips below $1,170 for the last couple of weeks and this is clearer seen on the weekly chart. Black lines – bearish channel Gold price […]
