GOLD PRICE TECHNICAL ANALYSIS gold break down major support and cross down 1305 $ , also we can see thatGold failed to break up the upper bounder in 1360- 70$, we can see very clearly on the charts – trading between 1200-1360+- areasThe big question is when this shuffle trend will finish: will it go to 1400$ Or 1100$? We…
GOLD PRICE TECHNICAL ANALYSIS Gold failed to break up the upper bounder in 1360- 70$, we can see very clearly on the charts – trading between 1200-1360+- areasThe big question is when this shuffle trend will finish: will it go to 1400$ Or 1100$? We have also others facts about US dollar and gold prices such as high yield, interest rates,…
GOLD PRICE TECHNICAL ANALYSIS Investors are dumping gold in favor of Bitcoin, its look like cryptocurrencies has stolen a large market share of gold generallywhen bond rates go down, gold goes up. However, in recent weeks, the yields on bonds have decreased, and gold has simultaneously dropped by two percent – an event that is quite rare. Analysts think the…
gold prices technical analysis update following last events gold trading above $1,300 will it go to 1400$ Or 1100$ ?Political risk both related to North Korea and the U.S. debt limit remain high and the soft non farm payrolls report may keep the gold on the high levels On Friday, gold rallied after the U.S. economy created only 156,000 new…
GOLD TECHNICAL ANALYSIS Gold has made around 6% sınce beggeıng of the year , what we should expect ? gold technıcal analysıs:Gold to 986- 1028 area as long as below 1238 areaim expect so see 1231 price level area , as you can see on the charts, this price has resistance area GOLD PRICE From long distance perspective we can see that till…
Stronger US Dollar and Fed policy may lead the precocious metals into recession in 2017 For my opinion we are going to see weakness in platinum, oil, gold and silver against the rising US dollar. Furthermore, the change in the US central bank’s policy from infinite monetary easing to indirect helicopter money will ultimately raise both inflation and growth,…
Is Gold Price Reached The Bottom If gold will break 1330 area you should expect to ….Get ready for move…… GOLD PRICE On Friday Gold futures was trading just above $1,250 before the non-farm payroll numbers data was released, after the data released, gold reached the lowest level since June 8,in the middle of day the gold drops to 1241…
Gold Daily Technical analysis Daily Technical analysis update : Get ready for move ……if gold will break 1330 area you should expect to see 1268 area +_there is A symmetrical triangle – chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. What’s happening…
The Unconventional Guide to Gold Gold ( xauusd ) struggle to stay above 1350+_ area , It closed almost on lowest point of the week at 1335$ .As I post on my last article From Bloomberg “Middle East jewelry demand declined 22 percent to 45 metric tons, with Egypt down 40 percent to 5.3 tons, the lowest on record, the World…
GOLD FORECAST lets start with the important thing and this is the 1360-1380 price levelsyou need to be focus on those levels – as long as gold will not cross those levels up (1383$)the trend is not bullish yet -Upward movement came from the low on $ 1040 priceIs set during installation/correction for nowIf we look at long-term perspective, we…