Gold (XAUUSD) Forecast, Page 1

Retail sales came in stronger than expected

Gold markets have initially tried to rally during the week, but then rolled over again to show signs of weakness yet again. The $1500 level of course is going to attract a lot of attention, but when you look at the longer-term weekly chart, you can see that we are

Gold markets rallied a bit during the trading session on Friday, but then turned around to show signs of exhaustion yet again as Gold continues to sit on top of the $1500 level.

I tend to go to the Treasury markets whenever I have to answer a question about a market. In this case, if Treasury yields continue to rise then I expect gold to be capped. A lower U.S. Dollar is just a function of a stronger Euro so although we can

The ECB cut rates and announced quantitative easing

Gold markets rallied initially during the trading session on Thursday, as we continue to see a lot of choppy behavior in the precious metals markets. The ECB had an interest rate decision and that of course has an influence on what happens with gold, and although they did cut rates,

Based on the early price action and the current price at $1529.10, the direction of the December Comex gold futures market the rest of the session on Thursday is likely to be determined by trader reaction to the uptrending Gann angle at $1528.10.

Silver Pushes higher, U.S. inflation Reports Mixed. Investors Await Retail Sales

Too many variables makes me think we’ll see a two sided trade with a bias to the downside because of improving trade conditions.

After two days with activity focussed in fixed income, there was a significant pivot on Wednesday. US treasuries were little changed, but US equities surged with S&P500 up 0.7%, and most bourses stronger through Europe as well which is set up for a positive day in Asia.

The ECB is poised to cut rates

This research post continues our effort to keep investors aware of the risks and shifting capital opportunities that are currently taking place in the global markets.

Gold markets did very little during the trading session on Wednesday, as we continue to see a lot of lackadaisical trading. I believe that the market is trying to get a grip on the central bank actions, and with the European Central Bank having a meeting on Friday, it’s very

The way to trade gold is to be proactive, not reactive. Chasing a market higher on every bit of rate cut news is not the way to trade gold right now. If you have a bullish bias then you should be looking for value.

August’s nonfarm payrolls came in short of expectations. Earlier months were also marked by downward revisions. Does it send a signal to act for the Fed, and what is gold likely to do in return?

The recent movement in the precious metals markets, an incredible 33% upside price move since August 2018, has reflected an increased level of fear and greed throughout the global markets. Particularly, throughout the foreign markets.

U.S. stocks erased losses in the afternoon as optimism continues to rise that trade talks may be on the verge of taking a positive turn.

Gold prices continued to head south as profit-taking continues to perpetuate as riskier assets gain traction. US yields moved higher with the 10-year yield hitting a 2-week high. The dollar traded sideways, after rallying on Monday, as the yield differential consolidates. China reported August CPI and PPI, both came in

Gold markets initially fell during the trading session on Tuesday, but it seems to be finding a significant amount of support near the $1500 level. That being the case it’s very likely that we will continue to see buyers on these dips.

Gold recently confirmed a new bull market. The current cycle likely peaked last week after surging nearly $300. The technicals favor a multi-week correction into October/November and what may become the last great buying opportunity.