Gold

Gold 1071.22 Market maybe trying to test and pierce through the Support zone of 1070.70 – 1067.09 area Market does look like it favors a short term rebound move as a correction to its current trend before making a continuation of its…
Read More

The precious metals have seen a recovery rally over the week. Gold is up 0.70% for the week while Silver prices gained 1.02% on a week to date basis. This comes amid a short trading week and low volumes. The most recent economic data from…
Read More

Gold 1079.05 Market maybe trying to test and pierce through the Resistance zone of 1073.21 – 1076.45 area Market does look like it favors a short term upwards move as a correction to its current trend before making a continuation of…
Read More

The ANZ business confidence index released last week muted the NZD/USD trend, keeping it in a narrow range sideways at the end of the week. The reading came in 23, surpassing the prior tick of 14.6. Also, ANZ's activity outlook turned out…
Read More

XAUUSD 1057 market managed to fell below support line of the downtrend channel where support still at 1046-48 as long as market holding trades below 1062 the downtrend pressure will sustain toward 1030 above 1062 market will…
Read More

XAUUSD 1067 as we see over the chart, market seems heading to hold trades inside downtrend channel resistance at 1081 zone while support may come toward 1057 zone main resistance still at 1100 below 1057 expect 1030 while…
Read More

XAUUSD 1065 as we see over the chart, market seems heading to hold trades inside downtrend channel resistance at 1081 zone while support may come toward 1058 zone main resistance still at 1100 below 1058 expect 1030 while…
Read More

The commodity markets have been under pressure in the recent weeks, but Gold prices managed to hold their ground initially but soon gave up to trend lower along with Silver. At the time of writing, Gold prices are down -0.95% on a week to…
Read More

XAUUSD 1066 as we see over the chart, market seems heading to hold trades inside downtrend channel resistance at 1081 zone while support may come toward 1058 zone main resistance still at 1100 awaiting more signals…
Read More

The EUR/USD got back to its “comfort zone” in the upper range between 1.0960/70 after a short knee-jerk skip under the 1.0940 handle. The pair’s descend in around the 1.0935 thresholds follows ECB’s (European Central Bank) B. Coeure’s…
Read More