gold

Good morning, So, the Fed intruding has pushed gold far above expected 1995-2000 area. Now gold stands in the same situation as EUR - at the edge of the bearish context. And we intend to watch what patterns will be formed to understand next direction.

Good morning, Gold slowly drifts lower and we keep our 1956$ nearest target. Still, as price action stands in the channel, we suggest to wait for minor upward bounce before taking next short position:

Good morning, Gold shows hidden bearish power, ignoring big technical support levels. We suspect that it is going to 1955$ target:

Good morning, We expect that downside retracement should be more extended. Meantime, market stands at oversold and daily strong support area. Hopefully we get rally to sell this week:

Fundamentals Yesterday we've taken a look at recent NFP data and some secondary indicators that show a bit "different" picture. Besides, problems in the US economy become more evident. In gold report we take a look at some points of Chinese economy, which is just a mirror of the US one. It is...

Good morning, Gold shows nice bearish background, suggesting that downside action should happen, but we should be aware of coming NFP report, that could make position taking process a bit tricky:

Good morning, So, expected bounce is started. 2060$ intraday resistance remains attractive to for short entry. But appearing of daily bullish grabber, could make situation tricky:

Good morning, Gold still stands around 2012-2016 daily support area. We hope to see the bounce to 2060$ that might be interesting for tactical short entry:

Good morning, Gold is not stopping to surprise us. 2130 daily OP target has been hit in a blink of an eye. Now few bearish patterns are formed here and downside retracement should be deeper in general. But, market stands just above 2012-2016 daily K-area, so, it would be better to wait for the...

The gold price surpassed its previous high from the pandemic period, fueled by growing expectations of interest rate cuts in the US in the coming year. Despite the US Federal Reserve's efforts to dampen optimism, the precious metal recorded a rise of more than 3% in early Monday trading...

Good morning, No doubts, gold has bullish context. Now we keep watching on weekly 2095$ target. Until it will be reached, we could consider buying deeps on intraday charts:

Fundamentals So, my dear "golden bugs", we congratulate you with new high on the market. The political life right now is highly interesting and intensive, right at the same degree as economical events are bore. Everyday happens something. If take a look at market performance and don't pay...

Good morning, Gold shows much weaker reaction on recent data than FX market, suggesting inner factors of strength. It makes us think that upside action could re-start earlier and we could not see 2011 K-support area:

Good morning, Gold shows some signs of retracement, forming "222" Sell on top. We consider 2032$ and 2021$ downside targets as nearest ones:

Good morning, Gold has shown stronger upside rally yesterday and hits 2050$ target directly. Now we suggest that upside potential is limited due technical factors and coming GDP and PCE releases:

Good morning, Gold shows no surprises by far and keep short-term bullish context. We consider 2025$ as the nearest upside target:

Good morning, Due to recent news we suggest that on coming week gold could try to challenge the daily highs and consider 2050-2060$ area as "possible to achieve" now:

Fundamentals Despite that week was short due Thanksgiving holidays in the US, we've got few interesting events, news that have special meaning that not everybody understand, at least for now. We will consider most important of them. But one of the most important event we consider new article by...

Good morning, So, our 1986$ entry level has worked perfectly. Market is closed today, so, until Monday hardly we get any activity. Let's keep watching...

Good morning, Gold shows solid bullish performance. Now we consider an area around 1986 level for potential entry, while 1980 K-support could be used as validity indicator of bullish context: