Tips for traders, 6 April 2021
This week’s tips look at the potential scenarios for gold in the near future by evaluating traditional patterns.
XAU
Tips for traders, 16 March 2021
As open interest in gold has declined recently, gains appear to be less favourable in the runup to tomorrow night’s meeting of the FOMC.
Weekly forex data: stimulus progress boosts markets
The Senate’s approval of the latest stimulus package represents progress and, for markets, more positivity. Here’s a look at XAUUSD, EURAUD and USDCNH.
NFP preview: back to King Dollar?
The dollar has made gains this week in most of its pairs, but tomorrow’s NFP is a key release. This post looks at XAUUSD, GBPUSD and USDJPY.
Tips for traders, 2 March 2021
Despite very low rates and record QE, gold has still shown no sign of resuming its strong uptrend this year. Sentiment now isn’t nearly as strong as it was last summer.
Technical analysis of XAUUSD
Losses by gold so far this week come as the dollar has generally strengthened and yields from American bonds have increased. Here’s a look at XAUUSD D1.
Technical analysis of XAUUSD
Gold has moved up this week as the metal’s function as a hedge against inflation remains in focus. Today’s TA looks at XAUUSD H4 plus futures and annual futures.
Weekly forex data: focus on inflation
Shares generally retreated in early trading today while oil moved up. Traders’ eyes are on American inflation this week and how cable, XAUUSD and BTCUSD might react.
NFP preview: AUDUSD at a crossroads; gold declines
The first NFP in 2021 is due at 13.30 GMT today, with the consensus suggesting a gain about about 71,000. Check out possible scenarios for XAUUSD and AUDUSD here.
Weekly forex data: 2021’s first NFP in view
Happy new year! Most of the main trends active at the end of last year remain so in 2021 so far. Here’s a look at XAUUSD, UKOIL and EURUSD ahead of key data later this week.