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May 4, 2021
Gold Price Forecast: Flag Forms as Double Bottom Breakout Stalls - Levels for XAU/USD Advertisement Gold Price Outlook: Ever since clearing consolidation resistance in mid-April, gold prices have been tediously moving sideways.But gold prices may simply be flagging – in a bull flag, that is – after establishing their double bottom, meaning that more upside may be ahead yet. Seasonality, which was extremely bullish for gold in April, has taken a dramatic turn: May has been one of the worst, ...
April 29, 2021
Gold Q2 2021 Technical Forecast of clients are net short. Long News of clients are net short. Long News 2021-04-29 09:00:00 Paul Robinson, Strategist Gold Technical Outlook Remains Clouded Gold has been declining since August 2020, and has yet to show any real signs of life. That could change in Q2, but it may not provide any longer-term directional cues as the push-pull battle continues. A big pic...
April 28, 2021
Gold Price Forecast: Double Bottom Validation Signals Further Gains on Offer 2021-04-28 03:00:00 Daniel Moss, Analyst Gold, XAU/USD, Bull Flag, Double Bottom, IGCS – Talking Points: Gold’s recent slide lower looks to be a temporary set-back. A weekly Bull Flag continuation pattern, and daily Double Bottom reversal hint at further gains for the anti-fiat asset. Gold prices have stormed higher in April, climbing over 7% to push to the highest levels since late-February. Although the commodi...
April 27, 2021
By Apr 27, 2021 Six old K-pop songs by IU, Brave Girls, and SG Wannabe have dominated the Top 10 places on MelOns weekly chart for the third week of April! Because of the recent reverse running taking place in the K-pop industry, tracks that have been released years ago are rocketing to the top spots of Korean music charts, including MelOn, one of the most well-known streaming services in South Korea. In particular, songs launched by IU, Brave...
April 19, 2021
Gold Price Forecast: Double Bottom Breakout Faces First Test - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have turned lower after running into the early-February swing low, setting up a potential pullback to a key threshold in the recent bullish double bottom breakout attempt. Failure below the trifecta of key technical levels would suggest a false bullish breakout has developed, setting up a potential return to the yearly lows. According to the IG Client Sentiment Index, ...
April 15, 2021
Gold and Silver Prices May Turn Higher as Long-Term Treasury Yields Stagnate 2021-04-15 03:00:00 Daniel Moss, Analyst Gold, Silver, XAG/USD, XAU/USD, US 30-Year Treasuries – Talking Points: Stagnating long-term Treasury yields could open the door for anti-fiat precious metals to gain ground in the coming weeks. Long-term technicals continue to remain constructive for both gold and silver. Anti-fiat gold and silver prices have clawed back lost ground in the month of April, after a tumultuous...
April 15, 2021
Gold Price Forecast: Short-term Double Bottom Emerges - Levels for XAU/USD Advertisement Gold Price Outlook: Following their rebound from critical trend support at the end of March, gold prices have now broken through multi-week consolidation resistance, suggesting that a double bottom may be in place. Although the downtrend since the August 2020 high remains in place, the rebound gives long-term bulls hope that by holding the pandemic uptrend, gold prices are defining their nine-month downturn...
April 14, 2021
Copper Bullish Continuation: Q2 Top Trading Opportunities 2021-04-14 16:30:00 Richard Snow, Markets Writer Copper Set Up for Bullish Continuation Advertisement Copper has witnessed phenomenal price appreciation since March 2020 when the pandemic surged, resulting in worldwide lockdowns. The metal has been supported by unprecedented monetary policy, ultra-low interest rates and more importantly, low or negative real yields. Such an environment makes non-interest yielding investments like copper...
April 12, 2021
ASTRO's new album "All Yours" was the bestselling work in the past week based on the latest Gaon Weekly Retail Album Chart (April 4-10).
March 13, 2021
Weekly Technical Crude Oil Price Forecast: Ignore Short-term Noise - A Multi-Decade Downtrend is Broken Advertisement Weekly Technical Crude Oil Price Forecast: Neutral Crude oil prices have been on fire in 2021, and in the process of their run higher, have cleared significant technical resistance. Any setbacks – including this week’s sideways price action – should be viewed in this context. Even though crude oil futures are hovering near their 52-week high, net-long p...