Gold

GBPJPY(pound) stuck sideways The GBPJPY(pound) failed to revive itself after the early April sell-off when the pair lost over 500 pips. Prices are probing the 190.00 level in the hope that they can shake off the prolonged sideways…
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Gold met the price of 3440 and closed towards the second target of 3500. As we see over the chart, Gold faces a chance for a correction wave as long as the market holds below the resistance of 3500-10, where the support trend is around…
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As we advised last week Gold managed to hold trades above support 3285 where managed to met first target 3360 and closing from second target 3400 As we see over the Intraday chart, market facing first support around 3364-69 where as long…
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Wednesday sees the release of some important economic data that markets are very keen to get their hands on. The partial results of the purchasing managers survey for April PMI data come out. That's key, because it's the first bit of data…
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Haven gold (XAUUSD) bulls rush in Haven gold peaked again as ongoing worries of further global tensions escalated. Following a brief consolidation, a pop above the psychological level of 3300 started a new round of rallies. As…
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The Gold prices have been on a tear lately, gaining over 5% in less than two days. The price got just shy of $3,370/oz, before coming down with a bit of profit taking ahead of the long weekend. While the recent moves have been dramatic,…
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Gold faces resistance around 3233 and if prices hold below it, a correction could hit the market with supports at 3210 and 3187-92. One of those supports could push again for another rebound toward the 3220-30 zone. Below 3180 more of a…
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