Gold

The precious metals had a bearish month in November. Gold prices fell -6.82% for the month while Silver prices declined -9.52%. The precious metals continue to be weighed down by expectations that the Federal Reserve will hike rates at the…
Read More

XAUUSD 1065 Market managed today to breakout the support level of the triangle formation market now facing resistance at 1070-75 zone, where as long as market holding trades below this zone the downtrend will sustain toward 1040-45…
Read More

XAUUSD 1072 Market fell yesterday from 1081 zone which initiate new triangle formation as we see over the chart market may hold trades inside this triangle why any break may head the market toward one of our target zone as we…
Read More

Monday marked the release of November’s German PMI (Purchasing Managers’ Index) which came out at 52.6 versus October’s 52.1, reaching a new 3-month high and beating the expected 52.2. The service sector’s activity increased strongly…
Read More

The precious metals markets are attempting to recover after nearly a few straight weeks of declines. Gold prices touched a weekly low at 1066.5, while Silver dropped to 13.89, both posting nearly a 5 year low across the board. Yesterday,…
Read More

XAUUSD 1074 Market managed to head for rebound correction last week toward 1088 zone so far Market still holding short-run trades above 1065 will expect short-run trading zone inside 1065 - 1095 zone , while below 1065 will expect…
Read More

XAUUSD 1069 Market managed to head for rebound correction last week toward 1088 zone so far Market still holding short-run trades above 1065 will expect short-run trading zone inside 1065 - 1095 zone , while below 1065 will expect…
Read More

XAUUSD 1084 Market managed to to hit above 1075 which may push for short-run rebound correction toward 1093-96 zone as long as market holding trades above 1075-78 zone the rebound correction toward 1095 zone will be expected…
Read More

XAUUSD 1073 Market managed to to hit above 1075 which may push for short-run rebound correction toward 1093-96 zone as long as market holding trades above 1065 a rebound correction toward 1095 zone will be expected below 1065…
Read More

XAUUSD 1070 Market managed to fell below 1072 yesterday where market so far keep trading below this level , market facing over the short-run 1072-75 resistance zone, where as long as market holding below this level expect farther drop…
Read More