The market moves within the yellow channel. Not so long ago there was a rebound from its upper wall, after which the price quickly went down.…
Browsing: gold
At the moment, the price is moving inside the green channel. It is likely that the price target is the support level of 1460.7, which is…
The Department of Justice in the US has charged one former and two current executives from JPMorgan Chase & Co with supposed racketeering as well as…
The market continues to move under the moving average, which resists the price. If shortly this resistance is broken, and the price rises above the moving…
The market continues to move within the green and red channels. Now the price chart is sandwiched between the support and resistance lines. The resistance line…
The European Central Bank has approved a stimulus package. Although it was expected, the market reacted sharply with a significant drop on EURUSD. The SimpleFX traders…
The global economy may be on the verge of the recession that will end the 10-year long prosperity that started after the biggest financial crash in…
Just like we predicted in the SimpleFX August Forecast the month proved to be great for day traders. The markets showed some definite trends and being…
Gold futures climbed on Tuesday thanks to the U.S. Treasury’s slide. Bond yields dropped and gave the precious metal a helping hand to recoup over a…
The barrage of geopolitical and fiscal catalysts have finally caused the gold bears to cave. It’s looking likely that gold prices will rise beyond $1,700. The…