gold

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook. The most important economic data for this week are: Monday: Japanese inflation rate at 23:30 GMT. The expectation for January is...

Good morning, Weeks starts with daily/intraday bullish context on Gold market . We expect reaching of 2048$ area and pullback that we intend to consider as potential "deep to buy"

Fundamentals This week we almost do not have any gold specific news. Everybody already go in habit with Middle East conflict, paying very low attention to the news from this region. Except Fed minutes we have got almost nothing else, except some secondary statistics, a kind of initial claims...

Good morning, As EUR, Gold has started expected downside reaction on 2035$ resistance area. But it shows very slow progress. We suggest that overall picture not as good as to take new position right now:

Good morning, Gold has formed bearish grabber on daily chart but has missed to complete few other bearish moments, which makes bearish setup weak and not suitable to everyone.

Good morning, Gold market is coming to 2035$ area where we will be watching for bearish background today and tomorrow.

This preview of weekly data looks at XAUUSD and GBPUSD where economic data coming up later this week are the main drivers in the markets for the near short-term outlook. The most important economic data for this week are: Tuesday: RBA meeting minutes at 12:30 AM GMT are anticipated by the...

Good morning, Geopolitical news today are gold supportive, market opens upward, so we prefer to wait for the Fed minutes release and appearing of bearish grabber on daily chart, that might happen tomorrow. For now we do not have enough context to consider immediate short entry.

Good morning, Despite Friday's bounce, gold keeps bearish context valid by far. in the beginning of the week we will be watching for 2020-2025$ resistance and possible bearish signs around it:

Fundamentals Recent week was very important for all markets, including gold. Investors have got a cold shower from inflation data that could be treated as most important ones in recent few months. That's why yesterday we've dedicated our EUR report to inflation subject. It has brought few...

Good morning, Gold has shown more reasonable reaction on Retail Sales report, keeping short-term bearish context intact. Now, around 2010-2020$ area bears have to make a decision about position taking:

Good morning, Gold hits our first 1977$ target on daily chart. Upside bounce that we've discussed is started. Now we consider ~2000$ and ~2010$ levels potentially interesting for short entry. Downside target is ~1965$:

Good morning, CPI has triggered downside action, so our setup has worked nice. We suggest that it will be not a short-term reaction. We consider 1977-1980$ as nearest target, next one is 1965. More extended is on the daily chart - area around 1925$.

Good morning, Situation on gold market starts looking more bearish. If we correct, we could see action to ~1985$ in nearest term. Although nominal crush of bullish scenario has not happened yet, more and more bearish signs appearing. Thus, we think that chances on downside continuation look...

Good morning, Gold finally has formed bullish grabber on Friday. It is still a question how reliable it is, but at least theoretically - only bulls has context for trading now. Although this context is a bit tricky and not very attractive. Bears, by our opinion, should wait when weak bullish...

Fundamentals So, on gold we see the same slow performance as on EUR. Probably sooner rather than later but activity will come back. Who knows, maybe on next week due to CPI report. This week our report consists of two parts. Yesterday we've discussed recent CBO forecast and clearly has shown...

Good morning, Gold context remains bullish by far, but looks weak. We consider 2020$ yesterday lows as vital area for bullish background. For conservative traders it would be better to wait for clarity and postpone activity on next week.

Good morning, We keep watching the forming process of new reverse H&S pattern on 4H chart. Now 2025$ area seems vital for bulls. Market either has to turn up from there or downside action will continue.

This preview of weekly data looks at USOIL and XAUUSD, where economic data coming up later this week are the main drivers in the markets for the short-term outlook. The most important economic data for this week are: Monday: US Services PMI at 15:00 GMT for the month of January. The consensus...

Good morning, Upside bounce from predefined level has happened. Gold still keep potentially bullish pattern valid, so we do not consider now any bearish positions: