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gold

Precious Metals Monday 30-05-2022

Metals Rallying on USD Selling The continued selling in the US Dollar has seen gold and silver starting the week in demand. Both metals are in the green so far today as traders look to capitalise on...

GC1!, H4 | Potential Bullish Continuation

Type: Bullish BounceKey Levels:Resistance: 1867.9Pivot: 1847.2Support: 1833.5Preferred Case:On the H4, with prices moving above the ichimoku cloud and breakout from descending trendline, we have a...

GC1!, H4 | Potential Bullish Continuation

Type: Bullish BounceKey Levels:Resistance: 1869.9Pivot: 1846.5Support: 1832.7Preferred Case:On the H4, with prices moving above the ichimoku indicator and breakout from descending trendline, we have a...

GC1!, H4 | Potential Bullish Continuation

Type: Bullish BounceKey Levels:Resistance: 1884.9Pivot: 1851.9Support: 1831.6Preferred Case:On the H4, with prices moving above the Ichimoku indicator, we have a bullish bias that price will rise from...

Precious Metals Monday 23-05-2022

Metals Rise As USD Weakness ContinuesIt’s been a much better opening for metals traders this week. With the greenback still under selling pressure today, gold and silver prices are continuing their...

GC1!, H4 | Potential Bearish Continuation

Type: Bearish ReversalKey Levels:Resistance: 1857.3Pivot: 1834.6Support: 1797.5Preferred Case:On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that prices will drop to our...

Precious Metals Monday 16-05-2022

Metals Under Pressure On MondayIt’s another frustrating Monday morning for gold bulls this week. Both gold and silver remain under firm selling interest as the US Dollar sits just off last week’s...

GOLD, H4 | Potential Bearish Drop

Type: Bearish ReversalKey Levels:Resistance: 1870Pivot: 1858.8Support: 1835.3Preferred Case:On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that prices will drop to our...

Precious Metals Monday 09-05-2022

Metals Markets Falling On Higher USD Gold and silver remain subdued this week as recent strength in the US Dollar continues to act as a barrier. With the Fed having hiked rates by .5%, and signalling...