Gold price exploded to new highs above $1,300 following the FOMC. The trend remains bullish as support levels were held yesterday. Despite the warning signals that oscillators were giving, the pullback we expected did not happen. Instead, prices moved strongly upwards. Blue lines – bullish channel Red lines – higher lows Gold price continues moving […]
Yen Surges as BoJ Holds Morning Report: 06.30 London • This morning, the Japanese yen is surging after opting to keep its policy rates and more importantly stimulus plans on hold. The move has been a shot in the arm for an already over-strong yen. The move has hit the yen pairs hard, with most […]
Volatility has hit the highest level in years as 4 Central Banks are set to deliver their key messages in 4 hours. Yesterday’s Fed rate decision to keep rates the same was not a surprise, neither were the pessimistic comments from FED chairwoman. However the BoJ did disappoint the market, and in combination with the […]
Overview Gold price settled above 1,280.00 level to build a good support base above this level. This fact reinforces the expectations of continuing the bullish trend in the upcoming sessions. The way is open to target the recently recorded top at 1,303.58 initially, and if this barrier is surpassed, the price will achieve more gains […]
Overview Silver price has been moving within sideways track for some days. Please note, that the stochastic shows bullish trend signals on the four hours’ time frame, supporting the chances of resuming the bullish bias in the upcoming period. Therefore, we keep the positive scenario valid and active for today, waiting for the price to […]
Since our previous analysis, gold has been moving upwards. As I had expected, the price tested the level of $1,289.65 in a high volume. The trend is upward but according to the 1H time frame, I found a broken upward trend line (demand trend line), which is a sign that sellers took control over buyers […]
Technical outlook and chart setups: Gold has slipped lower from yesterdays’ highs and is seen to be trading at $1,280.00 levels at this moment. The metal seems to have made a meaningful top at $1,290.00 levels and it should be looking to continue forming lower lows and lower highs. The wave structure still looks intact […]
Technical outlook and chart setups: Silver is seen to be trading at $17.38 levels at this moment, looking to break lower from here. The metal is also seen to be drifting in an ending diagonal as depicted here (a normal property of 5th wave within an A-B-C correction). If the above wave structure holds, the […]
Stocks Report: JD.com, Inc. JD broke support level 22.00 Likely to fall to 20.00 JD continues to fall – following the earlier breakout of the major long-term support level 22.00, […] The post HY Newsletter – Gold Rising Inside C-wave appeared first on | HY Markets Official blog. Related Posts:Trading Signals for GOLD (XAU/USD) for […]
Stocks Report: JD.com, Inc. JD broke support level 22.00 Likely to fall to 20.00 JD continues to fall – following the earlier breakout of the major long-term support level 22.00, […] The post HY Newsletter – Gold Rising Inside C-wave appeared first on | HY Markets Official blog. Source: HY Markets News Related Posts:Trading Signals […]
Pound Stable After Global Volatility Morning Report: 06.30 London • This morning, the pound is on a firmer footing after setting off a wave of global volatility this week. Equities across the world have dipped, with the FTSE 100 falling by 2% yesterday. […]
Gold continued moving higher yesterday towards $1,290 making a higher high. The upside potential is limited, so gold bulls should be very cautious and raise their protective stops. I continue to expect a pullback soon. Blue lines – bullish channel Gold is trading inside a bullish channel. The trend is bullish, but the oscillators give […]
Overview Gold price hasn’t shown any strong move since morning, still fluctuating near 1,280.00 level. Importantly, stochastic has clearly got rid of its negativity and reached the oversold thresholds, providing positive motive that we wait to support the chances for bouncing higher in the upcoming period. Therefore, the bullish trend scenario will remain valid and […]
Overview Silver price provides slight positive signs and attempts to build a support base above 17.40 which explains the reasons of the current sideways fluctuation. It may force the price to show more of the temporary sideways trading before resuming the main bullish wave the next target of which is located at 18.00. In general, […]
Since our previous analysis, gold has been moving sideways at the price of $1,282.00. The trend is upward. According to the 1H time frame, I found a successful breakout of supply trendline, which is sign that we may see bullish continuation.Oscilator is also in overbought zone, which is another sign that we may see bullish […]
Pound Feels Polling Pressure Morning Report: 06.30 London • This morning, the British pound is once again a poor performer as more polls point to a tighter EU referendum result. Sterling is down across the board, especially compared to the Japanese yen which continues to pick up safe haven momentum. […]
Gold shows sings of getting tired and being out of fuel to continue to rally. There are many indicators showing that the price should reverse for a short-term pullback before the next upward move above $1,300. Green line -short-term support TL Gold has broken below the short-term trend line support and below the tenkan-sen (red […]
Technical outlook and chart setups: Silver is seen to be trading at $17.30 level, after printing highs at $17.44 level yesterday and should be setting up for a drop lower; breaking the trend line support as depicted here. Please note that the metal is reversing ahead of the fibonacci 0.786 resistances at $17.55/60 levels as […]
Technical outlook and chart setups: Gold prices have retreated lower from yesterday’s highs ($1,287.50) and are seen to be trading at $1,278.00/79.00 levels at this moment, setting up to push lower. Please note that the metal is expected to drop at least towards $1,271.00 level if not further. But the wave structure reveals that a […]
Since our previous analysis, gold has been moving upwards. As I expected, the price tested the level of $1,286.37 in a high volume. The trend is upward. According to the 30M time frame, I found a successful testing of supply in a low volume at the price of $1,279.30. Watch for buying opportunities on dips. […]
Technical outlook and chart setups: Gold has yet again pushed higher and is seen to be trading around $1,281.00/82.00 levels after printing highs at $1,284.22 levels. Please note that the metal has hit fibonacci 0.786 retracement levels of the previous drop between $1,303.00 through $1,200.00 levels respectively, a typical property of the yellow metal before […]
Technical outlook and chart setups: Silver is seen to be trading at $17.25 levels at this moment, attempting to re-test its highs at $17.36 levels earlier before reversing. Please note that the metal is seen to have stalled at fibonacci 0.618 resistance levels of the drop between $18.00 through $15.80 levels. Furthermore, it has produced […]
Pound Gaps Lower As Brexit Becomes Possible Morning Report: 06.30 London • This morning, the British pound has opening with a gap lower as Brexit opinion polls show an ever narrowing public opinion. A ‘leave’ outcome has moved from being unlikely to being a possibility, at least going by the polls. The betting markets are […]
Gold continues to rise towards its previous highs producing bearish divergence signals warning bulls to be cautious. Despite remaining longer-term bearish, I believe we should be ready for a pullback this week towards at least $1.255. Black line – long-term resistance (broken) Red line – price projection Green rectangles – overbought signals Gold is trading […]
Overview Gold price resumed its positive trading yesterday, and it’s starting to test 1,270.00 now, where the EMA50 continues to provide positive support for the price, while stochastic provides positive overlapping signal on the four hours time frame. Therefore, we still prefer the bullish trend on the intraday and short-term basis. The next target is […]
Overview Silver has been fluctuating near 17.25 level since morning. The price needs a positive motive that will support the continuation of the bullish trend today, which depends on the stability above 17.00 level, waiting for heading to 18.00 level that represents the next main target for the current bullish wave. Breaching 17.30 level will […]
Since our previous analysis, gold has been moving upwards. The price tested the level of $1,271.48 in a high volume. The trend is upward. According to the 30M time frame, I found a delta level at the price of $1,264.50. The level of $1,264.50 looks like a solid support. Watch for potential buying opportunities on […]
Technical outlook and chart setups: Silver rose above $17.00 levels, as expected and discussed earlier and is seen to be stalling ahead of $17.30 levels at this moment. The metal should be looking to reverse lower from the current levels and push through $15.30 levels at least. The structure looks similar to that of Gold […]
Technical outlook and chart setups: Gold is seen to be trading at $1,267.00/68.00 levels at this moment, and it should set up to drop lower to complete the counter trend as depicted on the daily chart view. The structure indicates that the entire rally from $1,046.00 through $1,303.00 levels needs to be retraced before resuming […]
Uranium Energy Corp. holds a large portfolio of 20 projects in 5 US states and in Paraguay, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#185549 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 […]
