Gold Price Outlook Vulnerable to RSI Sell Signal
Gold Price Talking Points The price of gold trades to a fresh monthly high ($1775) as it extends the series of higher highs and lows… Read More »Gold Price Outlook Vulnerable to RSI Sell Signal
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Gold Price Struggles to Push Above October High Ahead of US CPI
Gold Price Talking Points The price of gold climbs to a fresh monthly high ($1723) as it extends the advance following the US Non-Farm Payrolls… Read More »Gold Price Struggles to Push Above October High Ahead of US CPI
US Dollar Price Action Ahead of CPI: EUR/USD, GBP/USD, USD/CAD
US Dollar Talking Points: The US Dollar put in another bearish break yesterday, running down to a spot of support that was in-play two weeks… Read More »US Dollar Price Action Ahead of CPI: EUR/USD, GBP/USD, USD/CAD
Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD
Canadian Dollar Talking Points: USD/CAD has pushed down to a fresh monthly low and then stalled. Price is testing a key spot of confluent support… Read More »Canadian Dollar Price Action Setups: USD/CAD, CAD/JPY, EUR/CAD
Gold Price Steadies on US Dollar Weakness Ahead of US CPI. Where to for XAU/USD?
GOLD, XAU/USD, US DOLLAR, FED, REAL YIELDS – Talking Points Gold has found higher ground as the US Dollar slips across the board At the… Read More »Gold Price Steadies on US Dollar Weakness Ahead of US CPI. Where to for XAU/USD?
Oil Price Eyes 200-Day SMA After Clearing October High
Crude Oil Price Talking Points The price of oil climbs to fresh monthly high ($93.74) as it extends the series of higher highs and lows… Read More »Oil Price Eyes 200-Day SMA After Clearing October High
US Dollar Price Analysis – A Weaker USD Allows Risk Markets Room to Edge Higher
US Dollar (DXY) Price and Chart Analysis US dollar weakness continues after Friday’s heavy post-NFP sell-off. The greenback nears a notable zone of support. Recommended… Read More »US Dollar Price Analysis – A Weaker USD Allows Risk Markets Room to Edge Higher
Gold Price Defends Yearly Low with US CPI on Tap
Gold Price Talking Points The price of gold tests the 50-Day SMA ($1674) as it retraces the decline following the Federal Reserve interest rate decision,… Read More »Gold Price Defends Yearly Low with US CPI on Tap
Oil Price Holds Above 50-Day SMA to Eye October High
Crude Oil Price Talking Points The price of oil climbs to a fresh weekly high ($90.36) following an unexpected decline in US inventories, and crude… Read More »Oil Price Holds Above 50-Day SMA to Eye October High
Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA
Gold Price Talking Points The price of gold carves a series of lower highs and lows despite the kneejerk reaction to the US Personal Consumption… Read More »Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA
Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High
Crude Oil Price Talking Points The price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low ($80.87), and crude may… Read More »Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High
Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report
Gold Price Talking Points The price of gold trades to a fresh weekly high ($1675) as US Treasury yields fall to fresh weekly lows, and… Read More »Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report
Gold Price Running Back Into Resistance as the US Dollar Slides
Gold Price (XAU/USD), Chart, and Analysis The US dollar sell-off is testing prior support. Gold needs a driver for a confirmed break of resistance. Recommended… Read More »Gold Price Running Back Into Resistance as the US Dollar Slides
Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
Gold Price Talking Points The price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low… Read More »Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
Gold Price Outlook Looks Grim as the Weekend Nears, Eyes on Fed’s Williams and Evans
Gold, XAU/USD, Treasury Yields, Technical Analysis – Briefing: Gold prices evaporated intraday gains on hawkish Fedspeak 10-year Treasury yield on longest weekly streak since 1955… Read More »Gold Price Outlook Looks Grim as the Weekend Nears, Eyes on Fed’s Williams and Evans
Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact
Crude Oil Price Talking Points The price of oil trades in a narrow range despite an unexpected decline in US inventories, but a bull-flag formation… Read More »Oil Price Reverses Ahead of Monthly Low to Keep Bull Flag Formation Intact
Gold Price to Fall Towards April 2020 Low on Failure to Defend Yearly Low
Gold Price Talking Points The price of gold remains under pressure after failing to defend the opening range for October, and bullion may fall towards… Read More »Gold Price to Fall Towards April 2020 Low on Failure to Defend Yearly Low
Gold Price Vulnerable After Failing to Defend Monthly Opening Range
Gold Price Talking Points The price of gold bounces back from a fresh monthly low ($1643) as it attempts to retrace the decline following the… Read More »Gold Price Vulnerable After Failing to Defend Monthly Opening Range
Gold Price Struggles to Hold Support as US Inflations Data Looms
Gold Price (XAU/USD), Chart, and Analysis Gold is trading on a noted level of support. Today’s inflation release is unlikely to shift the Fed’s thinking.… Read More »Gold Price Struggles to Hold Support as US Inflations Data Looms
Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range
Gold Price Talking Points The price of gold trades back below the 50-Day SMA ($1718) after failing to test the September high ($1735), and bullion… Read More »Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range
Gold Price Outlook Bearish on Strong US Dollar, Hawkish Fed; XAU/USD Eyes US CPI
GOLD PRICE FORECAST: Gold prices slump on Monday amid strong U.S. dollar and fears that the Fed will follow through on its plans to hike… Read More »Gold Price Outlook Bearish on Strong US Dollar, Hawkish Fed; XAU/USD Eyes US CPI
Gold Price Slips on Higher Treasury Yields Boosting the US Dollar Ahead of US CPI
GOLD, XAU/USD, US DOLLAR, FED, REAL YIELDS, DXY – Talking Points Gold lost ground to end last week as markets digested a healthy labour market… Read More »Gold Price Slips on Higher Treasury Yields Boosting the US Dollar Ahead of US CPI
Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA
Crude Oil Price Talking Points The price of oil extends the advance from the start of the week as the Organization of Petroleum Exporting Countries… Read More »Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA
Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTI
WTI, OPEC+ – Talking Points OPEC+ agrees to cut oil production by 2 mln barrels per day WTI rallies into key trendline resistance, 50-day moving… Read More »Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTI
Gold Price Rally Blocked by Resistance, Key US Jobs Report Nears
Gold Price (XAU/USD), Chart, and Analysis Gold rejected at resistance. Traders pare back their long gold bets. Recommended by Nick Cawley Get Your Free Gold… Read More »Gold Price Rally Blocked by Resistance, Key US Jobs Report Nears
Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?
Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking Points Crude oil prices have pushed higher with OPEC+ set to cut production The headline… Read More »Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?
Gold Price Climbs Above 50-Day SMA to Approach September High
Gold Price Talking Points The price of gold clears the former-support zone around the July low ($1681) as it extends the series of higher highs… Read More »Gold Price Climbs Above 50-Day SMA to Approach September High
Crude Oil Price Rallies as Traders Mull Sizeable OPEC+ Cuts This Week
Crude Oil, Chart, and Analysis Talk that OPEC+ are considering a one million barrel per day cut, or more. Oil turns higher despite global slowdown… Read More »Crude Oil Price Rallies as Traders Mull Sizeable OPEC+ Cuts This Week
Crude Oil Price Recovery Takes Shape amid Failure to Test January Low
Crude Oil Price Talking Points The price of oil extends the rebound from the monthly low ($76.25) following an unexpected decline in US inventories, and… Read More »Crude Oil Price Recovery Takes Shape amid Failure to Test January Low
Gold Price Rebound Eyes Former Support Zone
Gold Price Talking Points The price of gold extends the rebound from the yearly low ($1615) as the Relative Strength Index (RSI) climbs above 30… Read More »Gold Price Rebound Eyes Former Support Zone
Gold Price Outlook – Gold Rally Stalling as Familiar Fears Return
Gold Price (XAU/USD), Chart, and Analysis BoE relief rally may be short-lived. Gold held support at $1,617/oz. yesterday. Retail traders trim their daily and weekly… Read More »Gold Price Outlook – Gold Rally Stalling as Familiar Fears Return
Gold Price Holds High Ground Post of BoE Upending Markets. Where to for XAU/USD?
Gold, XAU/USD, US Dollar, BoE, BoJ, Crude Oil, – Talking Points Gold has managed to cling on to overnight gains as markets recalibrate APAC equities… Read More »Gold Price Holds High Ground Post of BoE Upending Markets. Where to for XAU/USD?