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 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,
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:
Why gold traders should be looking at USOIL:
XAU traders have been weathering some volatility over the last few months, with dips to lows of $1,820 (USD), rebounding to new all-time highs just weeks later. Well-timed orders in the right direction surely made a few XAU traders very happy this...
Good morning,
Today there are two tricky issues on gold. First is - daily bearish grabber might be formed by the end of the day. Second - upward action might be just to ~2K level and intraday OP target, making W&R of the top. So, it seems that it would be better to sit on the hands and see...
Good morning,
Gold shows nice bounce up from 1930$ support and it could become upside continuation. But for now, price shows minor bearish patterns on intraday chart, so we do not consider long entry immediately. Daily trend remains bearish by far, so 2-leg downside retracement theoretically...
Fundamentals
So, today we proceed with analysis of the US debt but now on a higher level, that more relates to gold market performance. Also we explain what Xi has talked about with J. Biden and why the results of this conversation will make impact on markets very soon. This is not a kind of...
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