Technical outlook and chart setups: Gold remains unchanged from yesterday with prices stagnant between $1,255.00/60.00. It seems to have formed an interim higher low at $1,250.00/51.00 as expected after bouncing off from fibonacci 0.382 support at $1,240.00 level earlier. The metal is seen to be trading at $1,255.00 level for now, looking to accelerate higher […]
Overview The gold price began today’s trading with bullish bias in an attempt to move away from $1,249.94 level. The bullish trend is likely to continue, and the stochastics supports this scenario. The price is waiting to surpass the EMA50 that forms intraday resistance at $1,270.50 to shrug off any negative pressure that might block […]
Overview The silver price has been trading sideways since morning, holding above the key support base located at $17.43. This keeps our bullish overview valid until now. Note that a breach of $17.80 levels will help the price head towards our main targets that begin at $18.30 and extend to $19.38. Therefore, we will keep […]
Since our previous analysis, gold has been trading sideways at the price of $1,259.00. On the 30M chart, I found yesterday’s point of control zone around the price of $1,259.10, using the market profile. The price respected that level and I found weak demand. The short-term trend is still downward. Watch for selling opportunities. Take […]
Gold price has broken out of a short-term triangle pattern looking for a move higher towards $1,280-$1,300 at least. The $1,250 was an important support level and bouncing off this area was very possible as we expected. Could the entire decline be over at the last low? Red lines – triangle pattern Gold price has […]
Technical outlook and chart setups: Silver is seen to be taking support from its multi month trend line as depicted here on the daily chart. The metal is seen to be trading at $17.63 levels for now, looking to stage a counter trend rally towards $18.50/19.00 levels. Importantly, it is quite possible that the metal […]
Technical outlook and chart setups: Gold seems to have formed an interim higher low at $1,250.00/51.00 as expected after bouncing off from Fibonacci 0.382 support at $1,240.00. The metal is seen to be trading at $1,260.00 for now, looking to accelerate higher towards $1,300.00/10.00 levels. The wave structure also indicates that the counter trend rally […]
Since our previous analysis, gold has been trading sideways at the price of $1,255.00. On the 30M chart, I found yesterday’s point of control at $1,259.10, using the market profile. The price respected that level and sellers came in the market. The short-term trend is downward. Watch for selling opportunities. Take proft level is set […]
Gold price has been moving sideways since October 5th around the 38% Fibonacci retracement and the important $1,250 support. Is the entire correction over at this level or just its first part? A bounce towards $1,300 is expected. My longer-term view remains bullish. Red lines – triangle pattern Price is trading around $1,250 in a […]
Overview Gold price holds its positions above the 1,249.94 level. Importantly, stochastic reaches the thresholds of the oversold areas forming positive motive which can push the price to resume the bullish trend with the target at 1,297.74. Therefore, we will keep our bullish overview as long as 1,249.94 level remains intact. The price needs to […]
Overview Silver price fluctuates around the 17.65 level. Importantly, stochastic gains the positive momentum gradually reaching the oversold areas, and having a closer look at the chart, we find that the price is drawing an inverted head and shoulders’ pattern that appears on the minor image, which means breaching 17.80 level will activate the positive […]
Since our previous analysis, gold has been trading downwards. As I expected, the price tested the level of $1,252.47 in a high volume. According to the 30M time frame and using the market profile analysis, I found a rejection from a profile peak at the price of $1,262.00, which is a sign that sellers are […]
Gold price continues to trade inside the downward sloping channel despite the bounce from $1,241 to $1,266. The current price formation implies that this is just a pause in the downward trend and a new low towards $1,215 should follow. However, this will change only if we see a break above $1,266. Dark blue lines […]
Since our previous analysis, gold has been trading sideways at the price of $1,264.15. According to the 30M time frame, I found rejection from a point of control at the price of $1,265.00, which is a sign that sellers are in control. The short-term trend is downward and my advice is to watch for selling […]
Technical outlook and chart setups: Silver is expected to find interim resistance at $18.00/10 levels as depicted here. The metal is seen to be trading at $17.75 level for now, looking to stage a counter trend rally towards $18.70/19.00 levels. The wave structure also indicates that the metal is into its wave C drop, within […]
Technical outlook and chart setups: Gold seems to have initiated its much awaited counter trend rally on Friday. The metal has bottomed out at $1,240.00/41.00 levels and rallied through $1,265.00 levels after that. It is expected to drop lower in a corrective manner towards $1,250.00/51.00 levels before extending its correction towards $1,300.00/10.00 levels going forward. […]
Gold price is bouncing off the $1,250 area as expected. Price remains inside a bearish channel, so a short-term trend remains bearish as long as price is below $1,270. A backtest of $1,300 is very possible but we might first see $1,240 again. Dark blue lines – bearish channel Gold price has bounced off the […]
Successful business model and how to generate real profits? John Budreski, Executive Chairman, EnWave Corp. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#194480 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 TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman […]
Since our previous analysis, gold has been trading upwards. The price tested the level of $1,264.67 in a high volume. Using the market profile analysis, I noted the yesterday’s point of control at $1,264.70 and the price respected that level, which is sign that buying looks risky. Gold is in downward trend, so watch for […]
Technical outlook and chart setups: Silver looks to have formed interim lows at $17.00 level before pulling back higher. The metal is seen to be trading at $17.34 level for now, looking to stage a counter trend rally towards $19.00 level. The wave structure also indicates that the metal is into its wave C correction […]
Technical outlook and chart setups: Gold counter trend rally is awaited and should materialize today. The yellow metal has bounced off $1,250.00 level as expected which is fibonacci 0.382 support of the entire rally between $1.046.00 and $1,375.00 levels respectively. The metal seems to have now completed its first leg A within the A-B-C corrective […]
Overview The gold price touched our awaited target at $1,249.94 and showed bullish rebound from there. The price is likely to regain the main bullish trend after the correctional decline that prevailed in the dynamic since touching the recently recorded top at $1,375.00. Stochastic shows clear positive signals on the four-hour time frame. Therefore, the […]
Overview The silver price broke the $17.43 level strongly and closed yesterday’s trading below it, which puts the price under more negative pressure, targeting $46.56 areas as the next main station. Therefore, the bearish trend will remain dominant in the upcoming trading supported by the EMA50. A breach of $17.43 levels will stop the current […]
Gold price remains in a downward trend and has reached important medium-term support at $1,250 and from current levels I expect a bounce. The reason will most probably be the NFP numbers announced later today. Blue lines – bearish channel Gold price is in a bearish trend, has broken below the 61.8% Fibonacci retracement, oscillators […]
New copper & Gold targets at Cloncurry project in Australia, Dr. Alistair Cowden, Managing Director, Altona Mining. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#194344 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 TV in Ihrer […]
An outlook on copper today and the upcoming years, Dr. Alistair Cowden, Managing Director, Altona Mining. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#194273 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 TV in Ihrer Sprache: […]
Since our previous analysis, gold has been trading sideways at the price of $1,267.50. Using the market profile analysis, I found strong downward momentum and yesterday’s peak area (resistance) at the price of $1,267.90 and point of control at the price of $1,271.75 on the 30M time frame. I placed simple moving average with 48 […]
Rising dividends from gold production in Zimbabwe with happy shareholders, Mark Learmonth, CFO, Caledonia Mining. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#194375 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 TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman […]
Gold price remains in a short-term bearish trend approaching the first important medium-term support levels of $1,250 where I expect to see the first important bounce. Gold price is now confirmed in a correction phase correcting the entire rise from $1,045. Red line – resistance trend line Blue lines – bearish channel Gold price is […]
Technical outlook and chart setups: Silver has broken below the consolidation structure around $18.60 levels and is still expected to continue further at least into mid $16.00 level as discussed earlier and also depicted here. The wave structure also indicates that the metal is into its wave C correction within the 3 wave A-B-C drop […]
