Tag Archives: Gold

Gold Technical Analysis

Continued hesitation around $1237.7-1240.6 sees gold struggling to take out the

EUR/USD weakened yesterday. However, as long as the support at 1.2362 holds,

LTRO repayments are due around noon. Banks took EUR130bn yesterday on the second TLTRO but

Continued hesitation around the $1237.7-1240.6 region sees gold struggling to

EUR/USD has moved above the hourly resistance at 1.2456 (see also the declining trendline),

EUR/USD near-term impulse is coming clear and the next ref at 1.2532 lies within reach…

After finding support around the 21-DMA gold rallied to fresh 2 month highs

EUR/USD has bounced after having posted new lows.

Focus continues to be on the oil market and the potential repercussions on Emerging Markets.

After finding support around the 21-DMA gold rallied to fresh 2 month highs before

EUR/USD is bouncing after having posted new lows.

Another quiet day on the data front today. Germany releases trade balance and wage costs this morning.