gold

Good morning, By official news Iran-Israel escalation is over, so gold could show deeper retracement due to this news. Now we're watching for 2320 and 2250 areas for potential long entry, depending on what patterns will be formed there:

Fundamentals This week we've decided to prepare a bit different kind of report. Usually we scrutiny watch for particular data and use them to form corresponding background that lets us to form forecasts and long-term expectations. Now after more than a year of this work we've accumulated enough...

Good morning, Gold is absolutely unstoppable now, making difficult speculative trading on daily and above time frames, as it shows no retracement for entry. Now we see only one possible trading setup. It stands intraday and could start around 2372$ area next week:

Good morning, Despite some intraday bearish setups, we do not consider any bearish positions as risks outweigh any advantages and watching for deeps as chances to get better long entry. For now we're focused on ~2280$ support area:

Good morning, As we do not have any new patterns on gold and coming to important events of CPI, ECB and some others - we keep our plan of "trend trading" on intraday charts. For now we have some signs that gold could show a bit deeper retracement, at least to 2335$ support level:

Good morning, While big events are ahead, for now we have only the one strategy to apply - intraday trend direction trading with target at previous top:

Good morning, Next big cluster of Gold targets stand around 2465-2555$ area but it is too extended for now, as market stands overextended. As we do not have any signs of possible retracement, we have only one options - either to wait for retracement and patterns or trade the trend direction...

Fundamentals Gold in recent 2-3 weeks has become the most mysterious asset. It shows unprecedented growth, even under impact of strong US data and raising US Dollar. Obviously this is not the market factor, this is external demand. Rally on gold market has accelerated recently, and some...

Good morning, Gold has completed accurately our 3-Drive "Sell" pattern. Since only necessary target has been reached, gold keeps very strong sentiment, suggesting that upside action should continue next week. Still, today with some circumstances, such as strong NFP, Gold could show retracement...

Good morning, Our next mid-term upside Gold target is 2456$. Technical picture suggests the pullback due Gold overbought, but its appearing depends on NFP data tomorrow and the progress in Iran-Israel conflict. If it still starts we consider 2255 and 2200$ levels as potential targets for...

Good morning, Gold has completed very important stage, touching big monthly 2280$ target. Naturally it should be moderate retracement, at least on daily chart. Around this moment we build the trading plan now. If no pullback happens, it means that gold is driven by external direct factors...

Good morning, Gold has completed two of three our upside targets - only major monthly 2278$ left. Daily/weekly overbought and existence of big targets suggest natural downside pullback that we consider as chance for long entry:

Fundamentals Yesterday we've provided in depth view why we suggest that the Fed probably should become the last Central Bank that will cut the rate and why dollar should keep domination over its rivals. In general strong dollar is a headwind for gold market, as well as raising inflation, but...

Good morning, So, our worry was not in vain and bearish context has been crush, while we saw first signs on Wed this week. Yesterday market significantly has overcome our minimal 2214$ target. Now could focus on major monthly target of 2270$, although the pace of action could be slower as gold...

Good morning, Gold is getting more and more bullish signs. Now we consider 2114$ area as nearest upside target:

Good morning, Gold keeps nominal bearish context on daily chart. But due coming PCE numbers and some bullish patterns on intraday charts we suggest to postpone short entry consideration on later time:

Good morning, Gold has started expected upside bounce, but market is looking a bit more sophisticated than it seems on 1st glance:

Good morning, Gold starts downside retracement. 2145$ area is the nearest target. The next step is to watch for more extended bearish patterns - DRPO "Sell" and 4H H&S patterns that could trigger action to 2100$ in perspective of couple weeks:

Fundamentals Although this week we could mention only Fed meeting among important fundamental events and maybe SNB decision on rate cut, that was unexpected - volatility on gold market was significant. Geopolitical situation, US domestic political struggle, financial conditions across the world...

Good morning, Gold as other markets now stands under US Dollar's strength pressure. We have two bearish patterns on daily chart, suggesting deeper retracement. Now price hits intraday 2160$ target, making pullback possible. We consider 2185 area as a most probable destination for it.