Tag archive for ‘prices’
By gossewestra On Monday, December 18th, 2017
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Gold Prices Seek Out Resistance at Prior Support

Talking Points: – Gold prices are recovering early-December losses after last week’s rate hike from the Federal Reserve. – Retail traders are aggressively long Gold with IG Client Sentiment currently More...

By gossewestra On Monday, December 18th, 2017
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Gold Prices Eye US Tax Reform as Crude Oil Weighs Supply Trends

Gold prices may edge down as US tax cut legislation moves through Congress. Meanwhile, crude oil continues to weigh the tug of war between US and OPEC-led producers.  More...

By gossewestra On Friday, December 15th, 2017
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Crude Oil Prices Struggle, Gold May Return to the Offensive

Talking Points: Crude oil prices struggle to find fuel to break range boundaries Gold prices may return to the offensive following a brief pause Haggling over US tax cut plan may inspire week-end volatility Crude More...

By gossewestra On Thursday, December 14th, 2017
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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 More...

By gossewestra On Wednesday, December 13th, 2017
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Crude Oil Prices Eye EIA Inventory Data as Gold Braces for FOMC

Talking Points: Crude oil prices recoil lower after testing former chart support Gold prices edge up amid prepositioning for Fed rate decision EIA inventory data, FOMC 2018 rate hike outlook now in focus Crude More...

By gossewestra On Tuesday, December 12th, 2017
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Gold Prices Break Chart Support But Follow-Through May Await FOMC

Talking Points: Gold prices edge down but follow-through unlikely before FOMC Crude oil prices recover further but near-term bearish cues remain DOE short-term energy outlook, API inventory data now in focus Gold More...

By gossewestra On Tuesday, December 12th, 2017
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Asian Stocks Drift Lower In Fed Runup, Brent Crude Tops $65

Talking Points: Asian stocks traded mostly lower, although higher energy prices kept the ASX 200 in the green. Chinese loan data beat forecasts, Australian business confidence and housing numbers came up short Brent More...

By gossewestra On Monday, December 11th, 2017
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Crude Oil Prices Rebound After Plunge, Gold Looks Ahead to FOMC

Talking Points: Crude oil prices retracing losses after sharp EIA-inspired breakdown Gold prices shrug off November’s mixed set of US employment figures FOMC in focus from here but OAPEC, US fiscal policy More...

By gossewestra On Saturday, December 9th, 2017
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Gold Losses Drive Prices into Critical Support Ahead of FOMC Rate Decision

Fundamental Forecast for Gold:Neutral Gold prices fell for the third consecutive week with the precious metal down more than 2.5% to trade at 1247 ahead of the New York close on Friday. The losses come on the back More...

By gossewestra On Friday, December 8th, 2017
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Gold Prices May Fall Further on US Wage Growth Pickup

Talking Points: Gold drops to near 5-month low on hopes for fiscal inflation boost US wage growth pickup may drive bets on steeper Fed rate hike path Crude oil prices edge higher after plunge amid lull in key news More...