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March 8, 2021
Gold Price Forecast: Searching for a Bottom - Levels for XAU/USD Advertisement Gold Price Outlook: As global bond yields, but US rates in particular, continue to creep higher, gold prices remain beleaguered. Gold prices are nearing a key Fibonacci retracement for the period covering the 2015 low to the 2020 high. According to the IG Client Sentiment Index, gold prices have a mixed bias. Gold Prices Dig to New Lows Gold prices are mired in a slump that has seen its year-to-date performance dip i...
March 3, 2021
Gold has been pressing on a long-term threshold for several weeks; a breakdown may lead to another leg of selling.
February 26, 2021
Nasdaq 100 Broke Big Support, S&P 500 Teetering: Technical Analysis 2021-02-26 13:30:00 Paul Robinson, Strategist U.S. Indices Technical Highlights: Nasdaq 100 already below March trend-line, may target long-term support Advertisement U.S. stocks are breaking down after undergoing what looked like a successful support test. The once-leading bull market darling Nasdaq 100 is trading below the March trend-line...
February 24, 2021
Gold Price Forecast: Rising Yields Complicate Rebound Effort - Levels for XAU/USD Advertisement Gold Price Outlook: The shiny metal rockdoesn’t offer a coupon, dividend, or cash flow. Comparatively speaking, this leaves gold at a disadvantage in an environment defined by appealing growth prospects and rising real yields (returns in excess of inflation). Gold prices are struggling to climb back above the downtrend from the January and February swing highs, and in turn, have not yet reclaimed t...
February 24, 2021
Crude Oil Prices Explode Higher - Are Gains Sustainable? Advertisement Crude Oil Outlook: In energy markets, prices are reflecting a battle of the fundamentals: short-term (cold spell in US) versus long-term (significant supply on sidelines). Crude oil prices are nearing the January 2020 high, and in doing so, are readying a test of the descending trendline from the July 2008 (all-time high) and June 2014 highs. A significant bottom may be in place soon. Recent changes in re...
February 20, 2021
Nasdaq 100 index Technical Forecast: Bearish
February 15, 2021
By Feb 15, 2021 BLACKPINK was named the biggest girl group in recent times. A clear proof to this is the fact that several tracks of Jennie, Jisoo, Lisa and Rosé have been dominating various music streaming sites and charts worldwide. Adding to that are the never-ending records the group broke in terms of music video views on YouTube. (Photo : BLACKPINK Official Instagram Account) The official music video of BLACKPINKs "Ice Cream" has reached...
February 14, 2021
Weekly Technical Gold Price Forecast: Losing Key Uptrend Support Advertisement Weekly Technical Gold Price Forecast: Neutral Gold prices continue to struggle, even as the US Dollar falls back. Risk appetite is surging, reducing demand for the safe haven. China’s Spring Festival Golden Week is under way, meaning that global financial markets may see less trading activity coming out of Asia in the coming days. The IG Client Sentiment Indexsuggests that gold prices in USD-ter...
February 10, 2021
Gold Price Forecast: Key Test as Price Rebounds to Former Support - Levels for XAU/USD Advertisement Gold Price Outlook: Gold prices have rallied sharply in recent days, but they’re not in the clear just yet. Gold prices are struggling to climb back above their daily 5-, 8-, 13-, and 21-EMA envelope, which remains in bearish sequential order. According to the IG Client Sentiment Index, gold prices have a mixed bias. Gold Prices Bounce, but is it Believable? Gold prices los...
February 5, 2021
Gold Price & Silver Technical Analysis: XAU at Big Support, XAG Nearing It 2021-02-05 13:30:00 Paul Robinson, Strategist Gold/Silver Technical Outlook Silver has a nice technical landscape, near March trend-line Advertisement Gold, silver both trading near support levels The precious metal space has been under pressure in recent sessions, with gold price declining over 2% in yesterday’s session. The declin...