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June 27, 2023
Spot Gold surrendered the high ground as USD/CAD rose following US and Canadian data. Canadian inflation at 2-year lows and US home sales at 1-year highs. What recession?
June 8, 2023
Spot Gold faces continuous hurdles in an attempt to push higher. Could recessionary fears rekindle the safe havens appeal or is a freefall toward $1850/oz incoming?
May 30, 2023
Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?
May 25, 2023
Spot Gold continues to struggle against a rising Dollar index and US Yields. Will the bears finally assume control?
May 23, 2023
Spot Gold rose and the dollar index (DXY) fell despite positive PMI data. Manufacturing remains a concern, but service sector growth accelerated to a 13-month high due to increasing demand.
May 18, 2023
The Euro is looking to arrest its slide against the Greenback as market sentiment improves and key confluence area comes into play. A bounce in store for EURUSD from the 1.0800 handle?
May 17, 2023
Spot Golds retreat and selloff yesterday puts the precious metal at risk of further downside the longer it remains below the $2000 level. Is this the beginning of the end for Golds bullish run?
May 11, 2023
Spot Gold bears make a fresh push lower helped by some dollar strength. Acceptance below $2000/oz seems an impossible task as recessionary fears remain in play.
May 3, 2023
Spot Gold Benefits as Safe Haven Appeal Returns. Will the FOMC meeting provide the catalyst for fresh highs?
April 25, 2023
Spot Gold fails at the $2000 hurdle as bulls seem exhausted. Will US earnings and PCE data drive sentiment reignite the precious metal ahead of FOMC?