Category: Gold

Gold Daily Review for August 2, 2019 Gold technical analysis: Intraday uptick falters near $1425 horizontal resistance Meanwhile, technical indicators on hourly charts have failed to regain positive traction and have been losing positive momentum on the daily chart, su   Gold Looks Primed To Extend Rally On Fed Gold looks ready to rally more than $100 an ounce if the Fed cuts rates.   Gold Prices: 50-Year Price Analysis And Production-Demand Dynamics Gold has been one of the best performing commodities in recent months. Gold Prices have increased by…

Gold Daily Review for July 29, 2019 Gold Prices May Fall with Stocks, Crude Oil on Soft US GDP Data Gold prices fell with stocks and crude oil prices as the ECB dithered on imminent stimulus expansion. More of the same may come after soft US GDP data.   Investors spooked by the trade war are running out of places to hide. Goldman Sachs says they should pile into stocks that act like bonds. Investors should go for stocks “that have lagged their typical macro relationships the most relative to…

Gold Daily Review for July 26, 2019 Gold steadily climbs to session tops, back closer to $1430 area Gold reversed an early dip during the Asian session on Thursday and climbed to fresh session tops, around the $1427 region in the last hour. News that   Gold Miners Worth A Second Look Investing directly in gold stocks rather than gold as a commodity can set the stage for outperformance.   Gold Prices Break, Pull Back on ECB; Will Bulls Drive Ahead of FOMC? Gold prices put in a quick breakout…

Gold Daily Review for July 25, 2019 Gold Price Pressing Resistance, Chart Set-Up Remains Positive Gold continues to trade within a pennant set-up and nears another break of the upper trendline. A strong US dollar is keeping gold in-check but for how long?   Dow Jones, DAX, Gold Price Technical Analysis & More Global indices are looking healthy and headed higher, but not without their downside risks; gold is trying to turn higher from support. #dowjones #dax #gold …   Gold Price Target Hit: XAU/USD Rally Vulnerable Near-term Gold prices…

Gold Daily Review for July 24, 2019 Spot Gold: Percentage of Traders Net-Long is at its Highest Since 27 May 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 technical analysis: Consolidates in a range around 50% Fibo. level Meanwhile, technical indicators on the 1-hourly chart have already started recovering from the negative territory and maintained their bullish bias on   Gold Heats Up and Silver Joins the Race Now…

Gold Daily Review for July 22, 2019 Gold Price Soars Through Resistance, Consolidation Needed Ahead of Next Push Gold broke out of its recent pennant formation to the upside Thursday and may push even higher although a period of consolidation is needed to strengthen the next move.   Crude Oil Prices May Rise While Gold Falls as Markets Consolidate Crude oil prices may turn higher while gold pulls back from recent highs as commodity markets digest recent volatility into the end of the trading week.   Gold consolidates around $…

Gold Daily Review for July 19, 2019 Gold Price Is Likely To Appreciate By Another 7.95% Soon The IMF thinks that the dollar is overvalued this means that the gold price has only one way to go   Gold Prices Remain Bullish, Silver Prices Spikes Higher Gold Prices Remain Bullish, Silver Prices Spikes Higher   Gold Prices Stuck in Range Amid Market Slump as USD Holds Up Gold prices area struggling to break from a choppy range despite market turmoil as the US Dollar remains broadly resilient, capping scope for…

Gold Daily Review for July 18, 2019 Where Are Gold And Crude Oil Headed Now? Both gold and crude oil have been getting more attention in the financial press recently. Do the weekly charts of either commodity or the dollar indicate that the recent price action signals a change in trend?   Gold Price Wedge Suggests Higher Soon, Silver Gunning for Breakout Gold is consolidating well so far after its macro breakout last month; this week silver is working on breaking out of its own macro pattern.   Gold technical…