Leider ist der Eintrag nur auf English verfügbar. Related Posts:Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around 2,332, bouncing above the 200 EMA…Weekly forecast based on simplified wave analysis of… April 15, 2024 EUR/USDAnalysis:The daily chart scale of the major pair of the…Technical Analysis – Gold in […]
Leider ist der Eintrag nur auf English verfügbar. Related Posts:Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around 2,332, bouncing above the 200 EMA…Weekly forecast based on simplified wave analysis of… April 15, 2024 EUR/USDAnalysis:The daily chart scale of the major pair of the…Technical Analysis – Gold in […]
Leider ist der Eintrag nur auf English verfügbar. Related Posts:Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around 2,332, bouncing above the 200 EMA…Weekly forecast based on simplified wave analysis of… April 15, 2024 EUR/USDAnalysis:The daily chart scale of the major pair of the…Technical Analysis – Gold in […]
Leider ist der Eintrag nur auf English verfügbar. Related Posts:Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500… April 16, 2024 We introduce you to the daily updated section of Forex…Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around 2,332, bouncing above the 200 EMA…Weekly forecast based on simplified […]
Leider ist der Eintrag nur auf English verfügbar. Related Posts:Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500… April 16, 2024 We introduce you to the daily updated section of Forex…Trading Signals for GOLD (XAU/USD) for April 15-17, 2024:… April 15, 2024 Gold is trading around 2,332, bouncing above the 200 EMA…Weekly forecast based on simplified […]
December 26, 2014 – Commodities News Gold Gold dropped back towards $1,170/ounce on the back of positive U.S data. The commodity is under pressure as U.S. data has been consistently strong, supporting speculation that the Fed will increase interest rates sooner than the second half of 2015. During the Asian session the price increased as […]
December 24, 2014 – Commodities News Gold Gold declined after data showed that the U.S economy expanded at a stronger rate than expected during the third quarter. The data fueled speculation that the Fed may increase interest rates sooner. Higher interest rates are bearish for Gold as they act as an alternative investment. In addition […]
Yen Recovers Some Poise Morning Report: 9.00 London • There will be a brief summary periodically though the Festive period, We wishing you a very happy holiday period. […]
Overview On the today’s H4 chart, yesterday the metal failed to break the support level of 15.70 to bounce again from it and trade between the support level of 15.70 and the resistance level of 16.00. Currently, the metal is retesting the resistance level of 16.00 again, therefore, we should wait for closing above to […]
Overview : Since our last analysis, gold has been trading downward. The price has tested the level of 1,170.63 in a ultra high volume (selling climax). I placed Fibonacci retracement to find potential support levels and got Fibonacci retracement 61.8% at the price of 1.172.00 (currently on the test). According to the H4 time frame, […]
December 23, 2014 – Commodities News Gold Yesterday, Gold dropped $25/ounce and neared $1,170/ounce. The steep fall was caused by the oil market as the low price cut demand for the metal as an inflation hedge. When demand for Gold decreases, investors seek new assets to invest in. In the long term we can expect […]
Gold price has broken the neckline and has given a short-term sell signal. The target for the Head and Shoulders pattern I mentioned yesterday is the recent lows at $1,140-30. I’m bearish for Gold. Gold is at a short-term downtrend and in danger of starting a new downward move that could bring the price near […]
Technical outlook and chart setups: Silver seems to have carved out a potential right shoulder of an inverted head and shoulder formation at around $15.50/60 levels as seen here. The metal may test lows around the $14.90 level on the downside, before reversing. To put it simple, bulls should remain well in control untill prices […]
Technical outlook and chart setups: Gold still remains subdued within the $1,195.00/1,200.00 levels. The metal is now expected to stay above $1,183.50 levels and push higher above $1,255.00 in the coming sessions. Bulls should remain in control unutill prices remain above $1,150.00 levels. Immediate support is seen at $1,183.50 (interim), followed by $1,170.00, $1,140.00 and […]
Overview : Since our last analysis, gold has been trading sideways around the price of 1,195.00. We are still waiting for a larger activity on the market and stronger price action. I placed Fibonacci retracement to find potential support levels and got Fibonacci retracement 61.8% at the price of 1.195.00 (currently on the test). According […]
December 22, 2014 – Commodities News Gold After a volatile week, Gold finished the week around $1,200/ounce. The metal traded choppy as traders assessed the depreciating Ruble against gains in the stock market and the potential U.S interest rate hike. Today, the price is trading in a tight range. The metal climbed slightly as the […]
Gold price remains inside the trading range we mentioned last week but is forming a bearish Head and shoulders pattern. The neckline at $1,180 is important support while resistance continues to hold at $1,220. Red line = resistance Green line = support Blue horizontal line = Head and Shoulders neckline Gold price is below the […]
Oil swung between gains and losses after posting its best advance in over two years behind Saudi Arabia’s comments that it was confident prices would recover behind the growth of the world economy. Futures for the Brent, the European benchmark, with a delivery date in February alternated between gaining and losing after recording a 3.6% […]
Overview As shown in today’s 4H chart, the metal failed to break the support level of 15.70 yesterday and reversed its downward trend to trade below the resistance level of 16.00. Currently, it is bouncing from the support level and starting a bullish move. So we still suggest waiting for closing above the resistance level […]
Overview : Since our last analysis, gold has been trading sideways around the price of 1,195.00. We are waiting for a larger activity on the market and stronger price action. I placed Fibonacci retracement to find potential support levels and got Fibonacci retracement 61.8% at the price of 1.195.00 (currently on the test). According to […]
December 19, 2014 – Commodities News Gold Yesterday, Gold traded choppy as sentiment remained unchanged. The price first climbed to $1,213/ounce but returned back below $1,200/ounce on reports that the Russian Central Bank is selling foreign currencies and considering selling Gold reserves. The price is now ranging around $1,200.00 due to conflicting events. Gains on […]
Technical outlook and chart setups: Silver looks to have formed the right shoulder of a potential inverted head and shoulder reversal as discussed earlier, around the $15.50/60 mark. The metal should be preparing to rally towards $17.40/50 levels at least. As seen here, the right shoulder has formed around the fibonacci support of 0.618, of […]
Technical outlook and chart setups: Gold seems to have bottomed out at $1,183.00 for now and preparing to rally towards $1,255.00 at least. A down side probability towards $1,170.00 (fibonacci 0.618 support) still cannot be ruled out though. It is recommended to remain long from yesterday, risk remains below $1,180.00. Immediate support is seen at […]
Another trading day where Gold price made no real upward or downward move. Gold price remains inside the sideways triangle pattern and a trend remains neutral. As long as Gold price is between $1,220 and $1,180 I prefer to remain neutral. Blue line = support Red line = resistance The downward sloping trend line is […]
Gold is approaching recording its first weekly loss in three weeks behind the Federal Reserve’s comments that indicated it is nearing its first interest rate hikes. Spot gold traded at a price per ounce of $1,196.31 mid morning Singapore time, slightly down from yesterday’s $1,198.57. The precious metal has declined by 2.2% so far this […]
Today, there is no shortage of opinions about oil. So why should you bother reading this one? Because 99% of oil forecasts out there are based on so-called fundamentals. The same “fundamentals” that back in June, when oil cost $107 a barrel, promised even higher prices due to: The rising threat of Islamic State in […]
Overview From today’s 4H chart we see that the metal is still trading between the support level of 15.70 and below the resistance level of 16.00. Silver has failed to break the resistance level yesterday and bounced from it. It took a slightly downward move and currently is approaching the support level of 15.70 again. […]
Overview : Since our last analysis, gold has been trading downward. The price tested and rejected from the level of 1,183.57. Our corrective Fibonacci expansion 161.8% at the price of 1.195.00 has been held successfully, which caused price to start with an upward movement. I placed Fibonacci retracement to find potential resistance level and got […]
Gold prices climbed on Thursday, following the US Federal Reserve decision to be patient with raising its interest rates for a ‘considerable time’. The yellow metal futures for February delivery […] The post Gold Climbs as Investors Digest Fed Statement appeared first on | HY Markets Official blog. Related Posts:Trading Signals for GOLD (XAU/USD) for […]
Gold price has see a lot of volatility yesterday and despite briefly breaking below support at $1,185, bulls managed to push the precious metal back above $1,200 today. Price remains in a trading range. A trend is neutral. Red line = resistance Blue line = support. Gold price remains in a neutral trend. Support is […]
