Gold Prices Surge on US GDP Data, Chart Still Warns of Topping
Gold prices surged as US GDP data drove Treasury bond yields and the Dollar lower. Chart positioning still hints a major top has been established however.
Gold Price Outlook: Gold Prices Break Down to Fresh 2019 Lows
Gold prices are breaking-out to fresh 2019 lows, continuing last weeks bearish push as prices test below 1270 for the first time this year.
Gold Price Struggles, Silver Continues to Test Noted Support
Gold remains near its lowest level in three months and is struggling to get any upside momentum. Silver continues its battle with the long-term moving average.
Gold Price Outlook: Sell-Off Stalls, Price Remains Around Key Support
Gold prices set a fresh 2019 low this week; but bears were unable to make much ground afterwards, even as USD-strength showed up. Is this a bear trap scenario？
Gold Prices Aiming Lower After Chart Support Break
Gold prices are aiming lower after breaking chart support to complete a bearish Head and Shoulders topping pattern. Crude oil prices are struggling below $65/bbl.
Gold Price Chart Points to Losses After Major Top is Formed
Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.
Gold Price Outlook: Gold Breaks to Fresh 2019 Low - More in Store？
Gold prices have broken-down this morning, setting a fresh 2019 low in the process. But the USD is also struggling - is this a breakout with legs, or due for a bounce？
Gold Prices Inch Closer to Confirming Top, US Bank Earnings Eyed
Gold price are inching closer to confirming a large technical topping pattern and triggering trend reversal. Earnings reports from Goldman Sachs and Citigroup are due.
Gold Price Technical Outlook: GLD Drops Toward Key 2019 Support
Gold Prices Remain in digestion to go along with a number of other macro markets. But a breakout may be soon brewing as price action continues to narrow.
US Dollar Rise Sinks Crude Oil, Gold Prices - Bank Earnings Due
Crude oil and gold prices fell as the US Dollar rallied in the wake of March FOMC meeting minutes. First-quarter earnings reports from US banks are now in focus.
Gold Prices at Key Technical Barrier, Crude Oil Prices Vulnerable
Gold prices are pushing up against make-or-break technical resistance. Crude oil prices may fall if global slowdown fears and a downbeat IEA report.
Gold Price Technical Outlook: GLD Rallies from Key Chart Support
Gold prices have had a generally strong year of 2019, with a big zone of support holding up three different inflections already. But can bulls maintain control？
Gold Prices Helped By US Dollar Pullback But Topping Signs Remain
Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.
Gold, Crude Oil Prices May Fall on Disappointing US GDP Revision
Gold and crude oil prices may fall while the US Dollar attracts haven-seeking capital flows if a disappointing US GDP revision keeps investors in a downbeat mood.
Gold Prices Eye Diverging US Dollar, Bond Yields for Direction
Gold prices are weighing the conflicting influence of the US Dollar and bond yields to divine direction cues amid worries about a slowdown in global economic growth.
Gold Prices at Risk as Cautious FOMC Stokes Global Slowdown Fears
Gold prices may be at risk as a defensive pivot in Fed forward guidance leaves the markets policy bets broadly intact but stokes global slowdown fears.
Gold Price Chart Hints at Topping Before Fed Policy Announcement
Gold prices may be carving out a topping chart pattern. Soundbites form an OPEC+ meeting and EIA drilling data may highlight competing influences on crude
Gold Prices May Struggle to Capitalize on Dovish ECB
Gold prices may struggle to capitalize on a dovish ECB policy decision if a subsequent drop in EUR/USD translates into a broadly stronger US Dollar.
Gold Prices May Keep Falling as ISM Data Boosts the US Dollar
Gold prices may fall for a fifth day as service-sector ISM survey data boosts the US Dollar, undermining the appeal of anti-fiat alternatives.
Gold Prices May Fall as Risk Aversion, Fed Rethink Buoy US Dollar
Gold prices may fall, making good on bearish technical cues as haven demand and a rethink of the Fed policy outlook drive the US Dollar