Commodities

Food prices and why the cooler sun might lead to a mini ice age, Udo Sutterluety, Sunares Natural Resources Funds. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#192564 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 […]

Gold price shows early signs of a bullish reversal. Gold price should break above $1,318.50 in order to continue towards $1,324 or $1,331. The medium-term trend remains neutral inside the trading range. Blue line – resistance trend line In the short-term, price is trying to make higher highs and higher lows. In the 30-minute chart, […]

Overview The gold price tested the main bullish trend line shown on the chart and began to provide bullish rebound signals now. Stochastic positivity on the four-hour time frame supports chances of resuming the main bullish trend in the upcoming period, which targets 1,348.00 followed by 1,375.00 levels mainly. Therefore, we will keep our bullish […]

Overview The silver price showed negative attempts last Friday, but it has begun today’s trading with clear positivity in attempt to regain the bullish track again. It faces the EMA50 that forms key resistance now at 19.05. The price is likely to breach this barrier to test the most important resistance at 19.38, a break […]

Since our previous analysis, gold has been trading sideways at the price of $1,314.15. According the 30M time frame and using the market profile, I found point of control at the price of $1,314.50. I found strength in Asian sesion, which is a sign that sellers lost power. Watch for potential buying opportunities. Next point […]

Technical outlook and chart setups: Silver had broken off the triangle consolidation on Friday last, dropped towards the last leg lower at $18.65 levels, before pulling back sharply. The metal is seen to be trading at $19.09 levels, looking to push towards $19.30 levels at least before producing a meaningful retracement lower. The wave structure […]

Technical outlook and chart setups: Gold had dropped lower towards $1,306.00 levels last week, before pulling back higher. The yellow metal is seen to be trading at $1,313.00 levels at this moment, looking to form a base here before resuming its rally. Please note that the metal has bounced off the vicinity of fibonacci 0.786 […]

Gold price is showing signs of a short-term trend reversal. Gold is in a downtrend channel since September 7th and has approached the lower trading range boundary of $1,300. Gold bulls are now trying to break out of the short-term bearish channel. Red lines – bearish short-term channel Blue lines – long-term trading range Gold […]

Since our previous analysis, gold has been trading downwards. As I expected, the price tested the level of $1,309.07 in a high volume. My target from yesterday at the price of $1,314.30 has been met. According the 30M time frame and using the market profile, I found a neutral day today and point of control […]

On the daily chart, spot gold has formed a consolidation pattern from the previous uptrend channel. The bullish momentum has been receding. It is trading above where the two significant support lines converge, the level at 1310, and the uptrend line support. If it is confirmed broken, then it will target the major support level […]

Gold price remains in a bearish short-term trend and making lower lows and lower highs. Price remains trapped inside the bigger sideways trading range between $1,300 and $1,360. The importance of both these levels is very big as any breakout would lead to a 100$ fall or rise at least. Black lines – trading range […]

Recently, EUR/NZD has been moving upwards. As I expected, the price re-tested the level of 1.5501 in a high volume. According to the 30M time frame and using the market profile, I found a point of control from yesterday at the price of 1.5425. The price respected the point of control in Asian trade and […]

Gold price continues to trade inside the short-term downward sloping channel but still remains above critical medium-term support of $1,300. Short-term trend will change to bullish if price breaks above $1,333. A break below $1,300 will open the way for a push towards $1,180-$1,200. Red lines – bearish channel Blue lines – sideways trading range […]

Technical outlook and chart setups: Silver is drifting sideways into cone consolidation structure as depicted on the 4H chart view here. The metal is seen to be trading at $18.94 levels at this moment, looking to break above the consolidation resistance line. Please note that Silver had bounced off the fibonacci 0.786 support of the […]

Technical outlook and chart setups: Gold further gave in to bears and hit lows at $1,313.00 levels before pulling back higher. The yellow metal is seen to be trading at $1,324.00 levels at this moment, looking to retrace lower and then resume rally. Please note that the metal has bounced off from fibonacci 0.786 support […]

Since our previous analysis, gold has been trading downwards. As I expected, the price tested the level of $1,313.28 in a high volume. My take profit from yesterday at the price of $1,314.30 has been reached. Anyway, the price rejected from the level of $1,314.00 and we can observe a corrective phase. Using the market […]

Gold price made a new low yesterday at $1,314 and remains inside the trading range of $1,300 – $1,360. Price is at the lower range boundary and long trades have a better risk reward in case prices bounce higher as it remains my favorite scenario as long as we are above the critical support of […]

Since our previous analysis, gold has been trading sideways at the price of $1,324.50. Like I posted yesterday using the market profile, I found a strong point of control at the price of $1,328.00-$1,330.00. The sellers came again in the market from that level and confirmed potential downward continuation. The trend is downward. My advice […]

Last night Chinese data was very strong as retail sales, industrial production and investments all rose above consensus. Also last night, FED member Brainard played down the possibility of imminent rate hikes as her comments suggested that the Fed is not ready to hike in next week’s meeting. Her comments sparked volatility in a generally […]

Gold price reached important short-term support yesterday at $1,320 where the 61.8% Fibonacci retracement is found. This is a level where I prefer opening long positions as the stop is at $1,300. The upside potential is big as we can see levels up to $1,370 or even new highs. On the 4 hour chart as […]

Technical outlook and chart setups: Silver has corrected lower towards the fibonacci 0.786 support of the entire rally between $18.30/40 and $20.20 levels as depicted here. The metal is seen to be trading at $19.17 level at this moment, looking to correct lower towards $18.80/90 levels before resuming rally. Please also note that the metal […]

Technical outlook and chart setups: Gold has dropped lower from last week’s highs ($1,352.00 level) and is seen to be trading at $1,329.00 level at this moment. The yellow metal had formed lows at $1,321.00 level yesterday before rallying. Please note that the metal has tested and bounced from fibonacci 0.618 support of the rally […]

Overview The gold price continues its calm decline surpassing the EMA50 and opening the way for a potential test of 1,310.65 levels. Stochastic shows clear oversold signals that reinforce expectations of further overall bullish trend. In general, we still expect the bullish trend on the intraday and short-term bases unless breaking and holding below 1,310.65 […]

Overview The silver price broke 19.38 strongly and settled below it, opening the way for further correctional bearish pressure on an intraday basis. The next main station is a test of 18.30 levels. It is important to monitor the price behavior when reaching this level as a break of it represents the key for the […]

Since our previous analysis, gold has been trading downwards. As I expected, the price tested the level of $1,323.38 in a high volume. My take profit from Friday at the price of $1,326.50 has been met. According to the 30M time frame and using the market profile, I found point of control for today at […]

Gold price has declined towards $1,320 and has reached so far as low as the 50% Fibonacci retracement of the rise from $1,302 to $1,353. Price is still trapped inside the $1,300-$1,375 range while making higher lows, giving bulls slightly more chances of success than bears. Stochastic is oversold turning higher, price is above the […]

Since our previous analysis, gold has been trading downwards. As I expected, the price tested the level of $1,332.28 in a high volume. My take profit from yesterday at the price of $1,339.00 has been met. According to the 30M time frame and using the market profile, I found peak resistance at the price of […]

Gold price got rejected yesterday at $1,353 and is now in a short-term bearish trend making lower lows and lower highs towards the first important short-term support of $1,333. As long as Gold is above $1,300, our bullish scenario is the leading one. If we break below it, the road for a move towards $1,200 […]

Overview Gold has been trading sideways since yesterday. The price has settled near the resistance line that is declining now to 1353.50. The price needs to breach this level to confirm the continuation of the bullish trend on the short-term basis. Please note that stochastic gets rid of its negativity clearly on the four-hour time […]

Overview Silver price begins today’s trading with a slight bullish bias. It signals the attempt to resume the bullish trend on the intraday and short-term basis to keep the positive effect of the falling wedge pattern valid in the upcoming period. It is supported by the EMA50 and stochastic positivity that appears clearly on the […]