Gold spot ($)

Under pressure.

Gold


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


Pivot (invalidation): 1295.00

Our preference
Short positions below 1295.00 with targets at 1289.50 & 1286.50 in extension.

Alternative scenario
Above 1295.00 look for further upside with 1300.00 & 1303.50 as targets.

Comment
The RSI is mixed to bearish.

 

Silver spot ($)

14.8000 expected.

Silver

Pivot (invalidation): 15.0000

Our preference
Short positions below 15.0000 with targets at 14.8800 & 14.8000 in extension.

Alternative scenario
Above 15.0000 look for further upside with 15.0800 & 15.1500 as targets.

Comment
Technically the RSI is below its neutrality area at 50.

 

Crude Oil (WTI)

Capped by a negative trend line.

Crude Oil

Pivot (invalidation): 64.00

Our preference
Short positions below 64.00 with targets at 63.30 & 63.15 in extension.

Alternative scenario
Above 64.00 look for further upside with 64.30 & 64.65 as targets.

Comment
As Long as the resistance at 64.00 is not surpassed, the risk of the break below 63.30 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 falls below 1.1250 as US retail sales beat expectations

EUR/USD is trading below 1.1250, extending its slide. US retail sales beat expectations with the control group rising by 0.5% in May on top of upward revisions. US-Sino trade tensions are in play.

EUR/USD News

GBP/USD falls towards 1.2600 after US retail sales

GBP/USD is trading closer to 1.2600, around the weekly lows. US retail sales beat expectations and trade tensions also boost the USD. The UK is bracing for Boris Johnson to become PM. US consumer confidence is next.

GBP/USD News

USD/JPY climbs to mid-108s as 10-year US T-bond yield erases losses

Today's upbeat macroeconomic data releases from the United States provided a boost to the greenback and allowed the USD/JPY pair to advance to a session top of 108.50.

USD/JPY News

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Alone in the dark of outer space...heading to the Moon

It is almost usual practice of the Crypto market that technical extremes occur at the end of the working week – setting the stage for action over the weekend.

Read more

Gold surges through $1350 level, highest since April 2018

Gold caught some aggressive bids in the last hour and surged to the highest level since April 2018, around the $1358 region.

Gold News

Majors

Cryptocurrencies

Signatures