Technical Analysis on Gold
Technical Analysis: DXY & Gold update – Continue weakness in the dollar firms the bullish sentiment of Gold
Posted on 17 Aug, 2020, Monday
Gold has snapped out of its 2-month winning streak and it has traded below US$2,000 per ounce.
Technical Analysis: DXY & Gold update – Low interest rate environment set the tune for the precious metal
Posted on 27 Jul, 2020, Monday
With dollar weakening, safe haven asset such as Gold will continue to maintain its bullish outlook.
Technical Analysis: DXY & Gold update – Fed’s potential rate cut and Q.E expectation send dollar lower
Posted on 20 Jul, 2020, Monday
The U.S market dollar index (DXY) fell for the fourth straight weeks as the COVID-19 is still the key subject to market’s weakness.
Technical Pulse: Gold
Posted on 12 Mar, 2020, Thursday
Gold has had a strong bullish start in 2020 by breaking the 1600 high point in the past decade.
Market Bites - Gold Breaks 7-Year High
Posted on 21 Jan, 2020, Friday
Gold rallied to US$1,550/oz, where it consolidated for a month till Dec 2019 before attaining the US$1,620 levels in mid Jan 2020.
Technical Analysis: Dollar Index and Gold
Posted on 13 Jan, 2020, Monday
Gold had a strong move at the start of 2020 but last week’s closing dampens the bullish sentiment.
Technical Analysis: Gold
Posted on 16 Dec, 2019, Monday
The precious metal has been on a strong bullish trend in 2019 after a prolonged ranging period from Q4 2015 to Q2 2019.
Technical Pulse: Gold Spot
Posted on 04 Nov, 2019, Monday
Based on our technical analysis, the long term trend for gold is still bullish. However, it may enter into a short correction in the near term.