GoldThe safe haven asset has started the week on a somewhat softer footing with net sales kicking in at the European open. However, price remains firmly higher on the month following the breakout...
Market Spotlight: Gold Hits Initial Target
Gold In DemandThe breakout idea in gold, issued this week, has hit its initial target. The breakout in gold prices this week came despite a set of higher-than-expected inflation figures for the US,...
Market Spotlight: Trading US October CPI
US CPI On WatchThe main data focus today is of course the US October CPI reading. The inflationary spiral in the US has been a major market theme over recent months. On the back of the Fed announcing...
Market Spotlight: Breakout Opportunities In Gold
Gold On WatchThe current price action in gold is attracting my attention. The rally off the 1763.88 level has seen price breaking out above the bear channel top with price now sitting just shy of a...
Precious Metals Monday 08-11-2021
GoldThe yellow metal has commenced the new week on a slightly softer footing, seeing some selling across the European open, on the back of solid gains on Friday. The rally in gold came despite a...
Weekly Live Market & Trade Analysis - Nasdaq To Target +2300points
Weekly Live Market & Trade Analysis - Nasdaq To Target +2300pointsIn this week's live market and trade analysis session, we opened the session with a review of the EminiS&P's and the main...
XAUUSD is on a bearish momentum! | 3 Nov 2021
Type:Bearish ReversalResistance: 1789.06Support: 1776.287Pivot: 1783.651Preference:Prices are consolidating in a bearish channel. We see potential for dip from our Pivot at 1783.651 in line with 50%...
Precious Metals Monday 11-10-2021
GoldIt’s been quiet start to the week for the gold market, with price remaining roughly around the same levels as a week ago. Friday’s US labour report was a fairly mixed event and wasn’t able to act...
Precious Metals Monday 04-10-2021
GoldThe gold market has started the week under slight selling pressure with prices retreating over the early European session on Monday. In the near term, the key driver for gold continues to be Fed...
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