Categories
Analysis Technical analysis

GOLD 13.04.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1732.89-1727.89 and it is going to the target zone №2 1782.89-1777.89. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1708.67-1703.67. In case of the […]

Categories
Analysis Market overview

GOLD overview 09.04.2021

Gold falls on eased inflation fears. Gold under the strong bearish pressure today after a stream of the economic and news reports calmed the inflation fears among the global investors and triggered the selling of the gold from the earlier elevated levels. Gold sales are primarily driven by the surprisingly weak U.S. jobs figures released […]

Categories
Analysis Market overview

GOLD overview 06.04.2021

Gold rises on safe-haven demand. Gold continues to rise today – rising to highest in more than a week today, after the metal’s appeal was bolstered by a weaker dollar and lower U.S. Treasury yields. The demand for golden is also driven by the safe-haven inflows after it was reported that there is a link […]

Categories
Analysis Technical analysis

GOLD 05.04.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1705.98-1700.48 and it has a potential to reach the target zone №2 1650.98-1645.48. The best prices to try to have a short position are the control resistance zone 1737.32-1731.82. In case of the price is fixed upper the control […]

Categories
Analysis Technical analysis

GOLD 29.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1705.98-1700.48 and it has a potential to reach the target zone №2 1650.98-1645.48. The best prices to try to have a short position are the control resistance zone 1737.32-1731.82. In case of the price is fixed upper the control […]

Categories
Analysis Market overview

GOLD overview 22.03.2021

Gold falls on dollar bullishness. Gold under the bearish pressure today under the effect of the knee-jerk reaction by the trades exiting for the US dollar as investors chose the safety of U.S. government bonds, surprised by Turkey’s abrupt decision to replace its central bank head with a critic of high interest rates. The other […]

Categories
Analysis Technical analysis

GOLD 19.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1705.98-1700.48 and it has a potential to reach the target zone №2 1650.98-1645.48. The best prices to try to have a short position are the control resistance zone 1737.32-1731.82. In case of the price is fixed upper the control […]

Categories
Analysis Market overview

GOLD overview 18.03.2021

Gold falls on hopes for AstraZeneca COVID vaccine. Gold under the bearish pressure today as the risk sentiment improved globally after the WHO Europe urged countries to keep using AstraZeneca COVID vaccine – relieving the fears that the stopping the vaccination by the top approved vaccine would hurt economic recovery globally. The benefits of AstraZeneca’s […]

Categories
Analysis Technical analysis

GOLD 12.03.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1705.98-1700.48 and it has a potential to reach the target zone №2 1650.98-1645.48. The best prices to try to have a short position are the control resistance zone 1737.32-1731.82. In case of the price is fixed upper the control […]

Categories
Analysis Market overview

GOLD overview 09.03.2021

Gold rises after U.S. Treasury yields stabilise. Gold rose nearly 2% today, as it gained respite from a retreat in U.S. Treasury yields and broader dollar weakness. U.S. 10-year Treasury yields fell as low as 1.5230%, down for a second day and off last week’s high of 1.6250% – prompting the “knee-jerk” repositioning reaction of […]