gold

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...

Good morning, Gold shows good upside tempo, reaching and even exceeding our predefined level. No the road to previous $2010 top seems open:

Good morning, Today we get more short-term bullish background on gold market, including 4H grabbers and 1H reverse H&S shape, confirming that it is relatively safe to keep longs at least until 1980-1986 area

Good morning, Potentially started upward action could become a continuation of the major trend. Now price is coming to 1980 resistance area and we need to see what will happen around it:

This weekly preview examines USOIL and XAUUSD, focusing on upcoming economic data. These figures will drive market trends for the near-term outlook. Here's the most significant economic data for this week: Wednesday: Chinese Industrial Production data will come out at 02:00 AM GMT. October's...

Good morning, Gold, as expected, starts pullback from daily K-area. But it is too early to say that downside tendency is over. Within CPI report, we intend to keep an eye on 1961 intraday upside target and price resonse:

Good morning, We're watching for gold upside reversal again. Potentially it could happen around two different areas - 1925-1930 and 1885-1900. Now market is coming to the first one and this is solid daily support area:

Fundamentals So, yesterday we've considered recent J. Powell statement and situation in the US economy, showing that no real growth exists there. Also pointed that interest rates could get other reasons to keep climbing, despite the Fed rate decisions, just recall recent 30-year Bonds auction...

Good morning, Gold keeps bearish context. DXY and US yields point on short-term dollar strength, that supportive to our setup either. Although by technical picture gold could show a bit higher bounce to 1970, but taking all together, we suggest that chances are not too high this to happen:

Good morning, Gold keeps bearish context valid. We consider 1922-1930 area as next destination point. Today-tomorrow tactical bounce is possible as Gold is flirting with XOP target around 1940-1942 area:

Good morning, Gold keeps short-term bearish context, which might be even stronger if we get bearish weekly grabber on DXY by the end of the week. Meantime, today we consider minor tactical pullback, supposedly to 1975-1979 area:

Good morning, Bullish context is broken on Gold market as we've got daily DRPO "Sell" pattern. Supposedly market could reach ~1905$ area if pattern works properly:

Good morning, Gold keeps bullish context, so we consider near standing upside targets of 2013 and 2018-2024$. No short positions by far:

Fundamentals So, as we've said last week, signs of weakness from the Fed might be the "win-win" situation for gold market. While tensions on Middle East continues and still far from any solution, even official statistics (which we suggest "slewed") shows slowdown of employment in the US...

Good morning, We keep our bullish view on Gold and not consider any short positions by far. Nearest upside target is 2020-2024$: