USD Index and Gold Trend
The USD Dollar Index is currently trading around 103.40-103.50 zone after making a reversal post FOMC Meeting Minutes and the 517K NFP release. The reversal … Read More
The USD Dollar Index is currently trading around 103.40-103.50 zone after making a reversal post FOMC Meeting Minutes and the 517K NFP release. The reversal … Read More
Gold trend was up from 1921 (April 4, 2022) to 1995-1998 (April 18, 2022) because the Russia Ukraine did not reach a peace deal after … Read More
Gold is consolidating from 1798 to 1815 after Mr. Powell’s speaking about US interest rate and monetary policy
Will gold make a correction to 1831-1835 after bad US NFP report last Friday?
Gold has been sold off around 1835 to 1818 and the short term trend is bearish. Gold has broke out of the range 1831-1873
Gold broke the 1800-1801 to drop to 1761-1765 before Thanksgiving because of low trading volume and Fed meeting minutes suggested no stimulus package. On Dec … Read More
Gold have tested the 1760-1765 long term resistant zone in the last 2 days because the USD is sold off. However, gold has rejected the … Read More
The USDJPY has made a strong bounce from the 110.90-111.00 zone to 112.50 and as a result, gold has been sold off from 1295 to … Read More
Mr. Powell has confirmed the continuation of current Fed monetary policy which means that the Fed will raise interest rate in Dec, 2017. The USD … Read More
Gold has dropped from 1355 to 1265 when the Korea news faded. and Gold has been trading from 1265 to 1295 for many days. Every … Read More