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Gold and silver are doing exactly what you’d expect after breaking key resistance

Gold and silver are doing exactly what you’d expect after breaking long-running resistance. And that's before you consider fundamentals such as geopolitics, central bank purchases, limited mine development, rising inflation expectations and troubling fiscal outlooks from some of the world’s largest economies.

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April 12, 2024 05:51 AM
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US dollar rally hits headwinds, silver squeeze sparks potential bullish break

After the rapid repricing of Fed rate cut expectations, US economic exceptionalism is now arguably already priced into the US dollar, leaving little room for downside disappointment in upcoming US economic data.

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April 3, 2024 03:35 AM
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Gold Analysis: XAU/USD Surges to Fresh Record Above $2250 – Where Next?

Gold’s technical outlook remains bullish above previous-resistance-turned-support near $2200 ahead of NFP on Friday

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Gold analysis: precious metal ignores dollar, yields strength

Key factors precious metals traders will be watching for the rest of this week are discussed in this article. US dollar and yields rise following on hawkish comments from the Fed’s Christopher Waller, but this has not prevented gold from rising back above $2200. Technical analysis point to new records for gold.

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March 28, 2024 10:30 AM

Gold forecast: Pullback on the radar - just don’t expect Armageddon

Looking at an equal-weighted gold basket against FX majors, its bullish character has certainly changed since breaking above its previous ATH.

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March 26, 2024 11:24 PM
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Gold and silver analysis: Technical Tuesday, March 26, 2024

Welcome to another edition of Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s report, we will get technical on precious metals.


Gold outlook remains positive despite dollar strength

While gold displayed mild bearish price action, leading to some calls that it may have peaked, I am unequivocally convinced that its long-term trajectory remains bullish, and it is conceivable that prices could soon reach unprecedented highs again.

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March 25, 2024 02:30 PM
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US dollar, Nasdaq 100, Gold forward returns over Easter: The Week Ahead

We have a shorter trading week due to the long Easter weekend. As there is a lack of top-tier data, we take at how the US dollar index, Nasdaq 100 and gold have performed around this time of year.

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March 22, 2024 02:13 AM
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Gold, USD/JPY, TLT ETF: Assessing trade setups for a Fed determined to cut rates

A macro guide for screening trade setups for a higher growth, higher inflation environment, featuring a bullish breakout, a potential bullish breakout and an important market indicator.

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March 21, 2024 02:08 AM

Gold analysis in focus as FOMC day arrives

Gold has been falling back in the past week and a half after hitting a record high at $2195. The key question is whether today’s FOMC policy decision will cause it to fall back even further, or will it trigger a fresh wave of buying that could propel the precious metal towards a new all-time high.

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March 20, 2024 12:00 PM
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Crude oil consolidates bullish break, gold heavy after record run

How many rate cuts the Federal Reserve signals for 2024 could have an outsized impact on how commodities such as crude oil and gold perform longer-term.

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March 18, 2024 06:10 AM
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USD/JPY, Gold and GBP/USD analysis - Forex Friday, March 15, 2024

Welcome to another edition of Forex Friday, a weekly report in which we highlight selected currency themes. In this week’s report, we will discuss the US dollar, Japanese yen, gold and the pound ahead of a busy next week for central banks.


Fed must commit to finishing the inflation fight to prevent gold upside

Gold traders have a decision to make with fundamental headwinds building from a stronger US dollar and higher bond yields with the price yet to meaningfully respond. What the Fed signals next week looms as crucial for directional risks.

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March 15, 2024 01:38 AM
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GBP/USD, gold in focus for US PPI, retail sales: European Open

GBP/USD has formed a bearish reversal pattern beneath a failed breakout level, and gold looks set to retrace lower ahead of US PPI data.

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March 14, 2024 05:24 AM
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Gold, silver and copper analysis: Metals rally on China optimism and weaker dollar

Gold, silver and copper all rally as US dollar drops despite hot inflation, with base metals finding additional boost from optimism about Chinese demand. Silver analysis suggests the grey metal could be in for more gains, while gold analysis point to a new record high.


Gold analysis: Metal dented after stronger CPI but trend intact

Gold analysis: The precious metal weakened after a stronger than expected CPI report, but the weakness is likely to be short-lived. Indeed, the trend is still quite strong and many traders will be looking fade into short-term weakness.

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March 12, 2024 04:00 PM

A 9-day rally on gold is rare, but it hasn’t always lead to a market top

Looking back at data from the 1960s, gold has only risen nine or more days on nine occasions. And such a sequence has failed to mark a market top this century.

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March 12, 2024 02:19 AM

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Gold Weekly Forecast: Will We Get a Pullback After XAU/USD’s Surge to Record Highs?

Gold is overbought on a short-term basis, but the long-term returns hint at more room to run higher from here...

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March 9, 2024 02:00 AM

Gold analysis: Fresh record in sight as focus turns to Powell, data

Dollar weakens as focus turns to Powell testimony and key employment data. Gold technical analysis suggests metal is about to hit a new record high.

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Gold, Bitcoin Hit Record Highs: Are Traders Afraid of Sovereign Debt Loads?

Some analysts are speculating that the market is “sniffing out” the fact that the US and other developed countries will be unable to maintain high interest rates for long given their record debt loads. See what it might mean for Gold and Bitcoin!


Gold analysis: Metal nears fresh record but can rally sustain itself?

What factors have contributed to the metal’s ascend? Coming up later in the week, we have Powell's testimony and February jobs report to look forward to. For now, gold technical analysis point higher and suggest we could see a new record high soon.


Gold eyeing record highs as inflation expectations heat up

Gold is contemplating a thrust towards record highs after logging the highest close on record last Friday. With little visible technical resistance evident on the charts, whether it gets there will likely come down to what happens with the US dollar and bond yields over the coming days.

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March 4, 2024 01:38 AM
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Gold Weekly Forecast: XAU/USD Nears February Highs, Inflation in Focus

Gold is carrying short-term bullish momentum into the coming week, with potential for a move up toward the 2024 highs in the $2060 area.