Gold Price Analysis Gold price settles at the main bearish trend Until we get a clearer signal for the next trend, which is located resistance -located now at 1784 – or breaking 1807. I recommend reading the review written on 11.8.2021“Has the affirmative rise in gold ended and the great decline in gold is before us”? Gold has recovered from the…
Gold Chart Technical Analysis For a long time, I did not write a review on goldThe truth is that there was not much to register, but now it seems that we intend to start volatility in the propertyGold has tended to trade on a fairly narrow trend recently, having suffered declines from the last peak area in August last year…
Is gold finish the uptrend move? Gold Delete any upward movement from ThursdayBreaking here and gold will go very quickly to 1224, this is nice little trade, as long as the gold stay below 1248 region areaSpeaking in 1224 arae- breaking of this region will give the target area 1190 + _On the other hand, also can support in the 1224…
is gold prices finish the downtrend momentum Will Gold conquer new heights?Gold has rallied nearly 2 months since last lows at last December, continuing to benefit from the weakness in US dollar and safe-haven buying due to growing uncertainty about the direction of the stock markets.In my opinion, as long as gold is above the level of 1204, the direction…
Will Gold conquer new heights Gold has rallied nearly 5 percent since a surprisingly weak U.S. nonfarm payrolls report on Oct, continuing to benefit from the weakness in US dollar and safe-haven buying due to growing uncertainty about the direction of the stock markets, concerns over the health of the Chinese economy may also undermine risk appetite after the latest…
The world is changing, and the sequence of events become shorter and shorter from one to another – last week was SNB’s sudden withdrawal of the EURCHF floor of 1.2 and further reduction of interest rates. This move has greatly intensified speculations that the ECB meeting is January 22nd to discuss policy changes. January 25th, we have the Greek elections…
looking lower near-term with the proposed pullback likely to offer more favorable long entries. The trade remains constructive above the median line with only a move sub $1183 shifting the medium-term outlook back to the short-side. A breach of the highs targets resistance objectives into $1247 & 1256 This review does not including any document and / or file attached…
XAUUSD break dowm $1270, then $1255 could be possible support, followed by $1258 and then down to $1246 area August jobs data comes out on Friday. Median expectations are +220k for nonfarm payrolls and the jobless rate is expected to tick lower to 6.1%. A beat on this front would likely put additional pressure on the Fed to tighten. This review…
Gold – Trend Change Developing, Just Not ConfirmedYou can notice some signs that the movement is facing a turning point:net-long position in gold rose 20 percent to 136,929 futures and options contracts in the week to July 1, according to U.S. Commodity Futures Trading Commission data published last week. That’s the highest since March 18 and up fourfold since the start of…
