Search Results for: Gold

Will Risk-off Continue? Elliott Wave on GOLD and SP500

October 3rd, 2019 (0)
  Gold and silver are moving higher after another weak US data; weakest ISM non-manufacturing report in 3 years! We see them breaking to the high of the day, but it can be fifth wave moving into Elliott Wave ...

Negative interest rates and gold

August 30th, 2019 (0)
  The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar. Evidence mounts that the ...

The reasoning behind Gold’s breakout

August 1st, 2019 (1)
  Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...

Elliott Wave Analysis: USDCAD, Crude Oil and GOLD Sharp Movements!

June 20th, 2019 (0)
  USDCAD is on the move with a clear impulse down from 1.3429 level so a five-wave decline is what we expect towards 1.3150/1.3100 area in the upcoming sessions. But at the same time, we must look what oil ...

Elliott Wave Analysis: Gold and USDTRY Are Looking Strong!

June 11th, 2019 (0)
  Stocks remain in strong uptrend, but we may see some pullbacks, especially if we consider a 5th wave on S&P500. The main reason for a potential pullback can be that support on gold, right at the 38,2% Fibo. ...

Gold prices steadied on Wednesday

May 15th, 2019 (0)
Gold prices steadied on Wednesday, having retreated from a one-month peak hit in the previous session as optimism surrounding trade talks between Washington and Beijing soothed investor concerns, boosting global stocks and the dollar. Spot gold was steady at ...

U.S. dollar traded close to a near two-year peak; Gold prices were little changed on Thursday

April 25th, 2019 (0)
Gold prices were little changed on Thursday as a firm dollar nullified support from faltering equities and a slew of weak economic data from far and wide that raised flags about the pace of global economic growth. Spot gold ...

Elliott wave Analysis: USDJPY and GOLD Update

March 7th, 2019 (0)
    On the USDJPY we are looking at a higher degree wave A in play, which is a motive wave, and thus must be structured by five sub-waves. We can see that price made a nice leg up ...

Gold prices edged up on Monday as the dollar eased

February 25th, 2019 (0)
Gold prices edged up on Monday as the dollar eased after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods as trade talks between the two nations were making progress, while palladium  hit ...

Hello old friend…Gold nears $1,350 resistance that has repelled it four times in 5 years

February 21st, 2019 (0)
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ political systems – all of which should be great for ...
Broker Cyprus TopFX