Tag Archives: Gold

Gold Technical Analysis

The $1278.9 support level is seen as key for gold to start the new week.

The euro started the week slipping as well as the U.S. and

Sentiment favors long USD positioning, at $48bn in aggregate and

EUR/USD was sent lower by the ECB yesterday,

After yesterday’s bold move by the ECB in which Draghi announced

Gold managed a brief dip below the $1282.1 support before bouncing back

EUR/USD has moved above the hourly resistance at 1.1649,

We expect the ECB to announce government bond purchases of EUR750bn today.

Immediate focus remains on the $1319.2-1345.0 region last seen in July/Aug 2014.

EUR/USD has broken the key support at 1.1640 and has moved below

We expect US building permits and housing starts to surprise on the upside.

Closes above the Bollinger band top ($1297.4) continue with gold