Gold spot ($)

Aim @ 1356.00.




Stay on top of the markets with Swissquote’s News & Analysis


Pivot (invalidation): 1340.50

Our preference
Long positions above 1340.50 with targets at 1351.50 & 1356.00 in extension.

Alternative scenario
Below 1340.50 look for further downside with 1335.00 & 1331.50 as targets.

The RSI shows upside momentum.


Silver spot ($)

The upside prevails.


Pivot (invalidation): 14.8400

Our preference
Long positions above 14.8400 with targets at 15.0300 & 15.1400 in extension.

Alternative scenario
Below 14.8400 look for further downside with 14.7600 & 14.7100 as targets.

The RSI shows upside momentum.


Crude Oil (WTI)

Key resistance at 52.90.

Crude Oil

Pivot (invalidation): 52.90

Our preference
Short positions below 52.90 with targets at 51.70 & 50.90 in extension.

Alternative scenario
Above 52.90 look for further upside with 53.45 & 54.00 as targets.

As Long as the resistance at 52.90 is not surpassed, the risk of the break below 51.70 remains high.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD below 1.1200 on Draghi's dovishness, amid Trump-Xi meeting announcement

EUR/USD is trading below 1.1200 after ECB President Draghi opened the door to rate cuts. Presidents Trump and Xi will hold an extended meeting at the G-20 Summit. The news cheered markets.


GBP/USD hovers above 5-month lows ahead of Conservative leadership contest

GBP/USD is hovering above 1.2500, close to the five-month lows. Conservatives will vote in the second round of their leadership contest. Boris Johnson is set to win again.


USD/JPY rallies beyond mid-108.00s on Trump's positive comments

Trump said he will have an extended meeting with the Chinese President next week. This comes on the back of Draghi's dovish comments and triggers risk-on trade. Fading safe-haven demand weighs heavily on the JPY and remained supportive.


Fed Preview: Proto-easing

Fed Funds 2.25%-2.50% target range predicted to be unchanged. Market expecting confirmation of easing bias into the second half. FOMC statement wording, especially "patient" and the economic projections important.

Read more

Gold surges through $1350 level, back closer to 14-month tops

Gold built on its strong intraday positive momentum and spiked to fresh session tops, beyond the $1350 level during the early North-American session.

Gold News