Silver (XAG USD) Forecast Strong U.S. Dollar has a Negative effect On Silver and gold Silver prices fell sharply this week, as the US Dollar climbed, combined coronavirus concerns and US fiscal THE rising US Dollar may continue to be an inhibiting factor on precious metal prices. If silver manages to get back above 25.30, it will gain upside momentum…
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,…
Here Come New Ideas For Silver Silver metal prices traded narrow bound since 1.7.016 –between 19.20 to 20.70 apx,if we will look closely at the charts we can see some interesting things : first, you can notice the pattern that was shown on the silver chart- flag pattern suggest break up will lead to 22.60-23.50 price areaWhile breakdown will lead…
Why gold price keep stay up while silver price remains down Silver metal prices fail to riseIn an advancement like what happened last October Hedgers’ present grow net position in silver – on the short side plus if we will look on the gold price, we can see that it’s not the same behavior – while gold stay above 1180…
What Will Silver Be Like In the next Years? From my last post at late June this year:http://www.daytrade-profit.com/2015/06/silver-price-technical-analysis-forecast.html Update for 22.11.2015:Silver price continues the downtrend, The price of precious metals has strengthened slightly due to certain weakness in the USD amid the publication of FOMC Minutes on Wednesday According to Thomson Reuters Release:” Total silver supply is forecast to fall to…
silver price will it lead to new lows the near future If Silver re-tests and break support region around $15.30 levels as depicted on the daily chart view here then we are prob going to see new lows – im expecting to see narrow down time frames and possible Major Cycle Low targets .if we will look closely the charts we can…