gold

Fundamentals Yesterday we've talked about US domestic affairs, and particularly the Fed strategy, how it could get investors totally showed by keeping rate at high level and providing liquidity at once in a way of QE that will be not officially announced. Very handy plan and we think that the...

Good morning, Gold keeps nominal bearish context but is coming to vital 2030-2040$ resistance area. Bears have to hold it to keep downside context intact:

Good morning, Gold keeps bearish context intact. If pullback to $2020 happens, it might be another chance for short entry, while keeping our target around $1985 area.

This article offers a preview of the weekly data for USOIL and XAUUSD. The upcoming economic data later this week are poised to be the main drivers in the markets for the near short-term outlook. The most significant economic data for this week include: Thursday: Australian Balance of Trade at...

Hey Army, Hope Y'all doing fine I was wondering, based on your experiences which time is the best for trading XAUUSD?

Good morning, So, geopolitical factors were not enough and gold was not able to stay above vital 2030$ support area. This increases chances to test ~ 2K area with possible drop to 1986$ level later:

Good morning, Despite Iranian attack, gold is still moving lower, so it seems that we still are getting 2-leg downside retracement. Thus, let's have a look what will happen around 2030$ support area, and our potential 2nd entry zone:

Good morning, Yemen conflict has boosted gold prices a bit more than we've suggested. For now we consider only long positions from ~2043 and 2030$ support levels based on reverse H&S pattern on 1H chart:

Fundamentals Geopolitical problems are raising like mushrooms after the rain. That's why nobody has signed in between, the CPI numbers. With started war in Yemen, everybody has forgotten about the Fed and inflation, that is, by the way, start raising again. Media mostly operates with emotional...

Good morning, Short-term context has been broken by events in Yemen. With this new input we do not consider new shorts on intraday charts. Still, our $2010 target has been reached on CPI report. Now we watch for market downside reaction on 2040-2045$ K-resistance area and consider long...

Good morning, Gold very similar setup to EUR. IF CPI will be weak enough, upside action should be more extended and we consider same 2045$ area that we've discussed yesterday. Initial entry around 2030-2035$ also was not bad idea, as gold has shown two pullbacks already from it.

Good morning, Market could form downside butterfly pattern on 4H chart, so we consider 2010 and following 2000$ targets as the nearest ones:

Good morning, Gold shows reaction on 2016-2017$ K-support area. Despite that higher pullback is possible (~2045$ area), context remains bearish and we discuss short entry. Besides, new YPP around 2003$ area has not been tested yet:

Good morning, Although we have very interesting fundamental background for gold now - on technical side it would be better to wait for 1-2 sessions. In general context on daily chart remains bearish by Friday's PMI momentum was strong and it could give us better chances for entry:

Fundamentals It is difficult to expect every week new breaking data or information that re-shape the market. This week mostly, it was politics - official BRICS increase, breaking of logistics in Red Sea, Epstein documents publications and some other. Economical data from the other side, has not...

Good morning, Gold intraday performance makes us suggest further downside action, supposedly to next 2018-2020$ support area:

Good morning, Although drop on Gold market is not as big as on EUR, context still has changed to bearish, with solid chances to be continued. Thus, we consider pullback to 2050-2060$ resistance area and will be watching for potential downside continuation setups:

Good morning, Gold has broken short-term bullish setup yesterday. Now we're watching for next strong support area around 2045$ level:

Good morning, Although we're primarily watching for 2045 support area and treat it as vital for bullish context, gold shows that it could continue upward action right now:

Good morning, On gold market we're following our trading plan and intend to closely look at market action around vital 2045$ support area. Bullish context totally depends on whether gold will stay above it or not: