Gold spot ($)

The bias remains bullish.




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



Pivot (invalidation): 1505.50

Our preference Long positions above 1505.50 with targets at 1514.50 & 1518.00 in extension.

Alternative scenario Below 1505.50 look for further downside with 1499.50 & 1493.50 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Silver spot ($)

The bias remains bullish.


Pivot (invalidation): 17.9400

Our preference Long positions above 17.9400 with targets at 18.1700 & 18.2700 in extension.

Alternative scenario Below 17.9400 look for further downside with 17.8400 & 17.7600 as targets.

Comment The RSI is mixed to bullish.


Crude Oil (WTI)

Key resistance at 54.60.


Pivot (invalidation): 54.60

Our preference Short positions below 54.60 with targets at 53.90 & 53.70 in extension.

Alternative scenario Above 54.60 look for further upside with 55.00 & 55.55 as targets.

Comment As Long as the resistance at 54.60 is not surpassed, the risk of the break below 53.90 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.

Analysis feed

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!

Latest Analysis

Latest Forex Analysis

Editors’ Picks

EUR/USD hovers around one-month low amid cautious markets

EUR/USD has been edging lower toward 1.2050, consolidating Friday's losses as the market mood is mixed. Upbeat Chinese GDP and US stimulus are cheering markets while Italy's political crisis and the depressing coronavirus picture is weighing on sentiment. 


GBP/USD fails to recover despite accelerated UK vaccine campaign

GBP/USD remains below 1.36, shrugging off the expansion of Britain's vaccination campaign. Post-Brexit talks on financial services continue while tension is mounting ahead of US President-elect Biden's inauguration. 


Gold struggles to capitalize on intraday bounce, up little around $1930-32

Gold struggled to capitalize on its goodish intraday bounce of nearly $40 and was last seen trading with modest gains, around the $1830-32 region.

Gold news

Forex Today: Dollar holds onto gains, shrugging off upbeat Chinese GDP, vaccine news eyed

Markets are mixed on "Blue Monday" with the dollar clinging to gains related to risk aversion, while upbeat Chinese growth partially offsets the gloom.Tension is mounting ahead of President-elect Biden's inauguration.

Read more

US Dollar Index: Immediately to the upside comes 91.00

DXY extends the march north and already trades at shouting distance from the 91.00 barrier, or new 2021 highs.

US Dollar Index News

Forex Majors