gold

  1. syamfx2020

    Daily Market Report - Tuesday, Nov 29, 2022

    Crude Oil prices traditionally have been more volatile than many other commodity or asset prices. In recent months, oil traders and investors remain concerned over rising Covid-19 cases in China, which could dent demand for oil as travel is restricted. On Monday the oil prices started the new...
  2. Sive Morten

    Gold Gold Daily Video, November 29, 2022

    Good morning, Today we're watching for intraday bearish setup on the Gold. Invalidation point is 1764$ top. Supposedly downside continuation should start from 1755$ resistance area with 1725$ target
  3. syamfx2020

    Weekly review: Gold, USD, EURUSD and Dow Jones

    Global stocks and commodities started the new on a bearish note due to rising COVID-19 cases and newly recorded deaths in China fuelled concerns over the global economic outlook. China, the world's second-largest economy reported another record high COVID-19 infections on Monday. China posted...
  4. Sive Morten

    Gold Gold Daily Video, November 28, 2022

    Good morning, We have few changes since Friday. Gold keeps short-term bullish context, trying to climb higher. It is interesting to see what progress Gold will be able to show if upside breakout of 1760-1765$ resistance happens:
  5. Sive Morten

    Gold GOLD PRO WEEKLY, November 28 - 02, 2022

    Fundamentals Gold market now stands in some really curious informational vacuum. I've not seen it before. In fact if you try to find some gold market news or events in recent 2-3 weeks, or even for longer term, then you'll find nothing. No gold-specific news. I suspect that partially this...
  6. Sive Morten

    Gold Gold Daily Video, November 24, 2022

    Good morning, Gold stands two steps behind the EUR in upward tendency and now is caught between two vital lines on lower time frame. Depending on what line will be broken, should tell us what sentiment we do have here:
  7. Sive Morten

    Gold Gold Daily Video, November 23, 2022

    Good morning, Dollar Index has formed bearish daily grabber that improves Gold chances on short-term reversal and action to 1800 target finally. Now we're carefully watching for reversal signs around 1735 - 1740 intraday support area:
  8. syamfx2020

    Daily Market Report - Tuesday, Nov 22, 2022

    The dollar index, which tracks the currency against key rivals ended higher for the third consecutive day on Monday supported by upbeat US macroeconomic data and the greenback received additional buying pressure last week after the hawkish comments from the Fed policymakers. While today the...
  9. Sive Morten

    Gold Gold Daily Video, November 22, 2022

    Good morning, Gold shows gradual downside action and hits first target of 1732-1738 support area. Next target is 1711-1721. We still think that this is not yet the major downside action and gold still could show the final spike to 1800 target before major pullback starts in December:
  10. syamfx2020

    Weekly review: Gold, USD, EURUSD and Dow Jones

    Commodities, precious metals and US stock indexes ended mixed last week after several Federal Reserve officials flagged the likelihood of continued aggressive monetary tightening despite the soft inflation signals. Moving ahead, this week the trading will be thinned out for the last two days...
  11. Sive Morten

    Gold Gold Daily Video, November 21, 2022

    Good morning, Although gold was able to start action with minor 1H H&S pattern, with supposed 1730-1735$ target, we still do not consider taking of a new short position, suggesting that uncompleted daily 1800 target and possible bullish grabber around 1730 outweigh intraday bearish context:
  12. Sive Morten

    Gold GOLD PRO WEEKLY, November 21 - 25, 2022

    Fundamentals This week we keep considering long term fundamental factors that, as we suggest, have decisive impact on possible Gold market performance in mid term perspective. These factors have indirect impact, mostly via US Dollar value and US banking system. At first glance it might be not...
  13. Sive Morten

    Gold Gold Daily Video, November 18, 2022

    Good morning, Gold also stands quiet and we also still stand focused on 1800$ daily target. Despite that gold is forming H&S pattern on 1H chart, we suggest it has low chances on success.
  14. syamfx2020

    Daily Market Report - Thursday, Nov 17, 2022

    The pound held steady against the U.S. dollar on Thursday Morning as inventors anxiously waiting for the UK’s fiscal plan. UK Chancellor Jeremy Hunt will deliver the autumn statement in the House of Commons on Thursday. The statement is expected to include several tax rises and spending cuts...
  15. Sive Morten

    Gold Gold Daily Video, November 17, 2022

    Good morning, As EUR, Gold now shows no bearish context by far. Besides, we see bullish signs combination that stands in favor of upside continuation to 1800 target rather than immediate downside reversal:
  16. syamfx2020

    Daily Market Report - Wednesday, Nov 16, 2022

    The semiconductor giant NVIDIA Corporation (NASDAQ: NVDA) is scheduled to report its third-quarter earnings results on Wednesday, November 16 after the market closes. The company is expected to post quarterly earnings of $0.71 per share and revenues are expected to be $5.8 billion. $NVDA...
  17. Sive Morten

    Gold Gold Daily Video, November 16, 2022

    Good morning, Opposite to EUR, Gold market has not completed daily XOP target around 1800$ yet. We still think that strong pullback hardly possible until it happens. Besides, we do not see "ready to go" bearish context on intraday charts by far:
  18. Sive Morten

    Gold Gold Daily Video, November 15, 2022

    Good morning, Gold is still on a road to major daily 1800$ target. We do not expect strong pullback until target will be hit. Although it is nothing to do as for the bears as for the bulls on the daily chart - intraday performance let's scalp bull traders to take short-term position with 1800...
  19. syamfx2020

    Weekly review: Gold, USD, EURUSD and Dow Jones

    Global stocks and precious metals ended last week on a positive note. The investors were in a buying mood after the most awaited US inflation number unexpectedly dropped to 7.7% in October, below the 8% priced in, and its lowest level since January and the market participants expect the Federal...
  20. Sive Morten

    Gold Gold Daily Video, November 14, 2022

    Good morning, Gold stands at daily overbought but it was not a problem at all during the whole week. Thus, as we have nearest major target around 1800$, it could try to creep higher gradually. We do not expect any solid pullback until 1800$ target will be met:
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