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Silver
Precious Metals in the Spotlight – Bullish Sequences
Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling.
The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could… Read More
November and its Intriguing Charts – FX Majors
A big wave of volatility has hit the Forex Market since the start of November until present.
Many wild swings occurred during this volatile month, and in doing so, the market unfolded a few essential impulses which could be intriguing.… Read More
Weekly Metals Wrap
Gold
The yellow metal managed to recover this week, trading up off initial weekly lows, to put in a positive week. The move was largely a response to the rally in the US Dollar which traded up to fresh 2018 highs this week on better than… Read More
Weekly Metals Wrap
Gold
The yellow metal posted its second consecutive negative week as the resurgent US Dollar pushed gold down. The Dollar had initially been weaker at the start of this week’s session due to the outcome of the US mid-term elections which… Read More
Weekly Metals Wrap
Gold
Gold prices were down sharply over the first half of the week as the US Dollar rallied up to fresh 2018 highs. However, as the Dollar retreated from the lofty levels posted initially on the week, gold was able to recover some of its… Read More
Weekly Metals Wrap
Gold
The yellow metal rose once again this week having now recovered around 6% from its mid-August year-to-date lows. The driver behind the recovery in gold has been the considerable decline in global equity prices which has extended to a… Read More
Weekly Metals Wrap
Gold
The correlation between the US Dollar and gold broke down this week with the yellow metal posting its third consecutive weekly gain despite the rally in USD. Much of this dynamic is explained through the continued slide in equity… Read More
Weekly Metals Wrap
Gold
The yellow metal surged higher this week trading up to its highest level since July fuelled by safe haven demand. The collapse across global equity markets this week has triggered a seismic shift in risk appetite which has favored… Read More
Weekly Metals Wrap
Gold
The yellow metal was able to post a minor recovery this week, fuelled by a rise in safe haven demand seen in response to equity market weakness. The US Dollar fell lower this week, despite supportive commentary from Fed officials… Read More
Weekly Metals Wrap
Gold
Gold prices were shunted lower this week as the US Dollar surged to fresh highs in response to the September FOMC and latest US data. At its September meeting, the Fed raised rates by a further 0.25% as expected while revising higher… Read More