Forecasts & Analysis | Gold, Page 3
Gold Price Futures (GC) Technical Analysis – Strengthens Over $1612.60, Weakens Under $1605.60
Based on the early price action and the current price at $1611.00, the direction of the April Comex gold market the rest of the session on Wednesday is likely to be determined by trader reaction to the downtrending Gann angle at $1612.60.
Gold On The Rise. Stronger Stocks and USD Are Not Stopping The Bullish Party.
Gold is climbing higher despite the strong American Dollar and relatively high demand for stocks.
Price of Gold Fundamental Daily Forecast – Bulls Hoping Fed Minutes Reveal Coronavirus Concerns
Traders will be looking for clues in the Fed minutes about the future of interest rates, and how much policymakers discussed the impact of the coronavirus on the U.S. economy. Last week, Fed Chair Jerome Powell said there would be some damage to the U.S. economy, but that it was
Asia Open : It’s Not Where It’s Been, Its Where It’s Going “Earnings Don’t Move The Overall Market; It’s The Federal Reserve Board”
Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity.
Gold Price Futures (GC) Technical Analysis – Big Price Surge after Overtaking Resistance Cluster
Gold ran into resistance at a downtrending Gann angle at $1606.10. Trader reaction to this Gann angle will likely set the tone on Wednesday.