CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.71% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.71% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Gold Reports & Analysis

Gold falling over near term should be the source of the next chance to buy

Trading outlook: We turn cautious for the near term outlook as support has been breached. However, we will now be looking for the renewed supported buy signals and the next opportunity for medium term long positions.     Fundamentals/Newsflow Gold has turned lower this morning. This could either be a simple bout of profit taking …

Gold falling over near term should be the source of the next chance to buy Read More »

Gold holding the breakout well, looking strong for a test of the highs

Trading outlook: With the unwind from the breakout holding, we look to use a near term buy zone between $1625/$1642 as an opportunity for long positions to push for a test of the $1702 March multi-year high.     Fundamentals/Newsflow Gold has held the breakout to near four week highs and the outlook remains positive. …

Gold holding the breakout well, looking strong for a test of the highs Read More »

Gold increasingly strengthening as a test of $1642 resistance is eyed

Trading outlook: We are increasingly encouraged by the positive reaction on gold in recent sessions. The bulls are looking ready to test resistance and we look for long positions to test $1642 with upside towards $1702 on a breakout. Near term weakness remains a buying opportunity.     Fundamentals/Newsflow We still see gold edging higher, …

Gold increasingly strengthening as a test of $1642 resistance is eyed Read More »

Gold bulls still happy to support weakness, but for now an upside breakout remains elusive

Trading outlook: The positive reaction of the bulls in recent days reflects the underlying strength in the market to continue to buy into weakness. With support building above the $1562 pivot we see any intraday volatility weakness as a chance to buy now. We turn outright bullish again above $1642.     Fundamentals/Newsflow As traders …

Gold bulls still happy to support weakness, but for now an upside breakout remains elusive Read More »

Trading range on gold persisting amidst contrasting fundamental and technical signals

Trading outlook: We remain cautious on near term longs as the consolidation continues to grow and as gold has formed a short term trading range between $1585/$1642. We are still bullish medium to long term and see near term corrections as a chance to buy.     Fundamentals/Newsflow Fundamental drivers on gold have been fairly …

Trading range on gold persisting amidst contrasting fundamental and technical signals Read More »

The gold bulls have just taken a step back, but we look to buy into weakness

Trading outlook: The bull rebound has just hit the buffers slightly, so we turn near term cautious. We remain medium to longer term bullish and see any unwinding move back towards $1550/$1560 as a chance to buy.     Fundamentals/Newsflow The gold trally has hit the buffers in the past 36 hours. This has come …

The gold bulls have just taken a step back, but we look to buy into weakness Read More »

Gold bulls on a run again as multi-year highs are eyed

Trading outlook: Gold is breaking higher again and is now eyeing the $1688 spike high and beyond. We remain bullish of gold medium-term and see any weakness as a chance to buy. Fundamentals/Newsflow With renewed fear and volatility escalating over the impact of Coronavirus on the US, bond yields are plummeting, the dollar is under …

Gold bulls on a run again as multi-year highs are eyed Read More »

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