" Let's buy Gold now. I cannot drop more"...Are you sure? Let's take a look at the fundamentals and technicals: We will continue with our latest chart. Fundamentally: The Market needs a catalyst to reverse the current trend. It is not realistic to be bullish on gold in the near term as the U.S. dollar and equity markets continue to dominate investor...
Gold Forecast – Fundamentals : Gold is trying to find support after hitting a six-month low earlier last week, most of the market players were waiting for the reawakening of the metals’ safe-haven appeal amid a complacent market in the face of trade war fears. However, we did not see a remarkable upside price movements. There are some significant reasons for...
Would you dare to trade on Gold this week? After months of speculations, Gala Night is almost here and we finally will be able to see if it’s a Horror Movie or Comedy for Gold investors. The producer and the director of the movie are FED and the leading actor is Gold. Gold trades in its narrowest range since 2012. Geopolitical uncertainty is providing critical...
XAUUSD Gold Technical Analysis And Trade Idea Fundamentals by Reuters: Gold prices held steady on Tuesday, buoyed by a weaker dollar as investors waited for inflation data for clues on the pace of U.S. interest rate hikes. Fundamentals: Spot gold was mostly unchanged at $1,322 an ounce, as of 0102 GMT. On Monday, it rose 0.5 percent in its biggest one-day...
This butterfly pattern seats in a pretty comfortable support and resistance zone with a somewhat visible ascending head and shoulder formation. So I have picked my entry points as you can see but remember to watch the fundamentals. Here are the fundamental factors to keep in mind on Gold: -Australian ANZ Job Advertisements -Australian TD Securities...