Gold Technical Analysis: Has Support Set-In?

Talking Points: – Gold prices started a bullish trend in mid-December, rallying from a low of $ 1,236. – The past few days have finally seen that bullish trend pull back; but will buyers respond to near-term support? – Gold is currently carrying heavy bullish retail exposure, with a +2.0 read via IG Client Sentiment. […]

Gold Prices Eyeing SNB, BOE and ECB After Fed-Inspired Rally

Talking Points: Gold prices rise as markets deem FOMC outcome “dovish” SNB, BOE and ECB monetary policy decisions now in focus Crude oil prices fall as EIA shows gasoline stocks swelling Gold prices capitalized as the US Dollar plunged alongside Treasury bond yields following a somewhat confounding FOMC policy announcement. The central bank projected three […]

Trading Outlook Ahead of FOMC: US Dollar, Cross-rates, Gold Price & More

Join Paul Tuesday-Friday for webinars each week, for details please see the Webinar Calendar. Today, we took a look at markets ahead of the FOMC announcement. Expectations are for another 25-bps hike, where the ‘surprise’ element could come into play is in regards to future signaling for the remainder of the year. For live coverage […]