Category: Gold

Gold Daily Review for April 11, 2019 Finding Golden Investment Opportunities In The Footnotes My firm’s analysis of footnotes is critical to finding companies where reported earnings understate economic earnings.   Gold Price Outlook: XAU Reversal Targets Consolidation Resistance Gold is up nearly 1.4% this week with price now targeting multi-month consolidation resistance. Here are the targets & invalidation levels that matter on the XAU charts.   Gold settles higher, then slips in electronic trade after FOMC minutes Gold prices finished higher on Wednesday to tally a fourth straight session…

Gold Daily Review for April 10, 2019 Gold Price Technical Outlook: GLD Rallies from Key Chart Support Gold prices have had a generally strong year of 2019, with a big zone of support holding up three different inflections already. But can bulls maintain control?   Gold Technical Analysis: Bulls in control towards trend line resistance Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are   Weaker profits, lower valuations, and huge price swings: Goldman Sachs lays out 5 reasons…

Gold Daily Review for April 9, 2019 Gold longs cut, crude oil marginal length added – TDS According to analysts at TD Securities, firming growth expectations, a strong USD and a robust level of risk appetite in global equity markets prompte   USD Drops to Support, Gold & Crude Oil Buoyed, EURUSD Recovers- US Market Open USD Drops to Support, Gold & Crude Oil Buoyed, EURUSD Recovers- US Market Open   Gold Technical Analysis: Bulls need to get above 1307 and trendline resistance Information on these pages contains forward-looking statements…

Gold Daily Review for April 8, 2019 U.S. NFP Day: Which Way The Dollar, Gold & Equity Markets Will Go? The U.S. labor data need to show some significant improvement in two key areas. Gold is still trading below the $1,300, if the U.S. NFP falls below the 100K mark, it is likely to push to push the gold price.   Gold, Crude Oil Prices May Weaken on Soft US Jobs Data Gold and crude oil prices may weaken if US jobs data disappoints, stoking risk aversion and fueling haven…

Gold Daily Review for April 5, 2019 Gold: Traders Increase Their Net-Long Positions Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.   Gold Price Technical Outlook: GLD Targeting Yearly Open Support Gold is down nearly 3% from the March highs with price now targeting support at the 2019 open. Here are the targets & invalidation levels that matter on the XAU charts.   Gold rebounds toward $1290 after finding support at…

Gold Daily Review for April 4, 2019 Trading Forecast for Gold Price, S&P 500, DAX 30, Crude Oil & More Gold looks vulnerable to more selling, S&P 500 forming a rising wedge, DAX 30 forming a pattern of its own, while crude oil is at long-term resistance.   Gold Prices Helped By US Dollar Pullback But Topping Signs Remain Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.   Gold stuck in…

Gold Daily Review for April 3, 2019 Gold & Silver Price Outlook Remains Bearish, Big Support Tests in View Precious metals are expected to remain heavy, and if support levels in the vicinity are broken then selling could accelerate.   Gold Price Analysis: Sitting on Support, Will it Hold? Gold is sitting on a noted technical support level and needs to hold this if the recent sell-off is to be reversed. US data during the week will guide the next move, culminating with the latest NFP release on Friday.  …

Gold Daily Review for April 2, 2019 Gold drops to $1290 region amid upbeat sentiment The risk-on mood at the beginning of the week weighs on traditional safe-havens such as the precious metal and the XAU/USD pair, which failed to break   XAUUSD: Spot Gold Price Chart Suggests Further Pullback Risk Spot gold is down roughly 4 percent since its recent peak in February, but the precious metal could see further downside.   Gold Price Forecast: Bearish Sequence Snaps Ahead of 2019-Low Gold may stage a larger rebound over the…

Gold Daily Review for April 1, 2019 Big-picture Technical Analysis for Dow Jones, Gold Price, Crude Oil & Dollar Looking at the ‘macro-techs’ there are some interesting developments in major markets to watch in the weeks ahead…   Gold rebounds above $1290 ahead of US inflation data The XAU/USD pair dropped to its lowest level in three weeks near $1286.60 earlier in the day but staged a recovery in the last couple of hour ahead of   Gold Price Outlook Bearish in Long Run, Eying Support in Near Term Gold…