Gold (XAUUSD) Price Live
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Gold FORECASTSview all
Gold Price Futures (GC) Technical Analysis – October 23, 2017 Forecast
Rising U.S. Treasury yields are helping to boost the U.S. Dollar which is pressuring dollar-denominated December Comex Gold futures shortly before the regular session opening. Increased appetite for risk is also making gold a less-desirable asset. Daily Technical Analysis The main trend is down according to the daily swing chart. The downtrend was reaffirmed early … Continue reading Gold Price Futures (GC) Technical Analysis – October 23, 2017 Forecast
Gold Causing Pain Among Traders
Gold’s roller coaster ride has continued for traders. The precious metal has been under pressure this morning. Gold continues to see reversals within the market and its testing traders. Wicked Range in Gold Testing Traders Gold has continued to see a wicked range the past week and has remained under pressure early this morning. The … Continue reading Gold Causing Pain Among Traders
Commodities Daily Forecast – October 23, 2017
Gold The weakness in the gold prices continued in the Friday’s session, reaching towards the $1278 level. The market is getting a little amount of support around these level extending up to $1275 level. If the prices break below this level then $1250 will be the next target for the market and the market needs … Continue reading Commodities Daily Forecast – October 23, 2017
Gold Daily Analysis – October 23, 2017
Gold prices dipped lower on Monday morning as investors react to higher US Treasury yields. On Friday, as Gold struggled to cut losses, the sentiment on the dollar turned optimistic on tax reform which is predicted to generate a fiscal lift to the economy. Gold prices are trading at 1276.5, down -0.29% as of 8:30 GMT. … Continue reading Gold Daily Analysis – October 23, 2017
Gold NEWSview all
Caution on Wall Street as Trump is Watched, US Futures Rise Ahead of Earnings
Wall Street is expected to open cautiously, but this follows a big week of gains. Donald Trump is being watched closely as he decides on the next Federal Reserve Chairperson and investors anticipate his decision. The Euro has trader weaker in forex as political concerns shadow the European Union. The Nikkei Index streaked higher again … Continue reading Caution on Wall Street as Trump is Watched, US Futures Rise Ahead of Earnings
Gold Prices Fall Lower as Dollar Gains
Gold prices have been moving lower over the last few days which is in line with our forecast of weakening gold prices as part of the larger cycle wherein the stock markets are likely to go ahead in a bullish trend which would in turn lead to the pullout of funds from safe havens like … Continue reading Gold Prices Fall Lower as Dollar Gains
Flood of Investors Piling into Global Equities, Asian Stocks Rise after Abe Election Win
Global equities led by Wall Street and Japan continue to display strength on Monday morning. Prime Minister Abe’s victory in Japan yesterday has helped bolster trading sentiment. President Trump will continue to be watched regarding his Federal Reserve leadership decision and tax reform in the States. Tax Reform and Fed Decision are Talking Points, A … Continue reading Flood of Investors Piling into Global Equities, Asian Stocks Rise after Abe Election Win
Abenomics Continue Into 2021?
Japanese Prime Minister Shinzo Abe’s party has won a resounding, albeit not surprising, victory in Japan’s election on Sunday. The victory will maintain Japan’s ultra-easy monetary policy for the foreseeable future. The markets had been concerned that Abe’s economic policy would have been disrupted if his party did not maintain their “super majority” two-thirds win in … Continue reading Abenomics Continue Into 2021?
Gold (XAUUSD) Technical Analysis: (1 hour)
TECHNICAL SUMMARY
Moving Averages
| SIMPLE | EXP. | WEIGHTED | |
|---|---|---|---|
| MA (5) | 1289.1 | 1288.7 | 1288.9 |
| MA (10) | 1288.6 | 1288.8 | 1288.7 |
| MA (20) | 1288.9 | 1289.4 | 1288.9 |
| MA (50) | 1291.6 | 1291.3 | 1290.4 |
| MA (100) | 1295.5 | 1291.8 | 1293.3 |
| MA (200) | 1289.1 | 1289.1 | 1292.1 |
Trend Indicators
| MACD (12,26,9) | -0.8843 |
| ADX (14) | 24.7672 |
| RSI (14) | 40.3859 |
| Williams %R (14) | -80.9353 |
| Stochastic RSI (14) | 47.1646 |
| ROC (10) | -0.1388 |
| CCI (14) | -93.5593 |
| Ultimate oscillator (7,14,28) | 47.4287 |
| Stochastic Fast (14) | 19.0647 |
| ATR (14) | 2.6256 |
| BBands (20) | 4.6602 |
Pivot Points
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | 1283.7 | 1285.2 | 1286.4 | 1287.8 | 1289.0 | 1290.5 | 1291.7 |
| fibonacci | 1285.2 | 1286.2 | 1286.8 | 1287.8 | 1288.9 | 1289.5 | 1290.5 |
| camarilla | 1284.2 | 1284.4 | 1284.7 | 1287.8 | 1290.5 | 1290.7 | 1290.7 |
| woodie | N/A | 963.23 | 642.46 | 965.91 | 645.14 | 968.59 | N/A |
| demark | N/A | N/A | 1285.8 | 1287.5 | 1288.4 | N/A | N/A |
| name | s3 | s2 | s1 | pivot | r1 | r2 | r3 |
|---|---|---|---|---|---|---|---|
| classic | |||||||
| fibonacci | |||||||
| camarilla | |||||||
| woodie | |||||||
| demark |