gold

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$:

Good morning, Our discussed bullish grabber has been formed, that's why we change our intraday setup in favor of 3-Drive "Sell" pattern with 2018-2024 destination point:

Good morning, We suggest that idea to wait is not bad in current situation. Because, as on EUR, now technical picture doesn't agree with market's expectations of hawkish J. Powell statement and more borrowing announcement from J. Yellen. So, it makes sense to wait at least until today's close...

This weekly data preview examines USOIL and XAUUSD. The primary drivers in the markets for the near short term are the economic data releases scheduled for later this week. Tuesday: The Bank of Japan's interest rate decision is at 03:00 AM GMT. The market consensus predicts the central bank will...

Good morning, Gold shows little changing compares to weekend. So, we keep in focus same targets on 1H chart around 2018-2025 area:

Good morning, Gold keeps bullish context and we consider 2025-2040$ level as a target for the next week:

Fundamentals So, gold... indeed, a lot depends on geopolitics. But, besides of geopolitics, there are few economical issues as well. Yesterday, we've made in-depth analysis of inflationary expectations and ability of the Fed to resist it. Mostly it will make impact on Real rate, as usual, and...

Good morning, Gold market shows bullish sentiment, coiling around 1975 resistance which is usually the bullish sign. Besides, DXY shows tactical bearish pattern, also suggesting some support to the gold. Thus, we suggest that it would be better to wait with any bearish position by far:

Good morning, Gold shows low activity, but it grows despite upward action on DXY and the US yields, ignoring signs of easing in M.East conflict. This should worry if you consider bearish position taking. We suggest that if retracement starts at all - it should start around ~1996 area...

Good morning, Gold shows no reaction on recent DXY rally, which obviously a bullish factor. Now we're watching for patterns on daily chart to get more clarity where might be best entry levels:

This preview of weekly data examines USOIL and XAUUSD, also focusing on the economic data set to be released later this week as the primary market drivers influencing the short-term outlook. The key economic data for this week includes: https://bit.ly/3ZjNVsO