Gold spot ($)

Capped by a negative trend line.



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

Pivot (invalidation): 1517.00

Our preference
Short positions below 1517.00 with targets at 1504.00 & 1496.00 in extension.

Alternative scenario
Above 1517.00 look for further upside with 1522.00 & 1528.00 as targets.

The RSI calls for a new downleg.


Silver spot ($)

16.8500 expected.



Pivot (invalidation): 17.1800

Our preference
Short positions below 17.1800 with targets at 17.0000 & 16.8500 in extension.

Alternative scenario
Above 17.1800 look for further upside with 17.2800 & 17.3800 as targets.

The RSI is bearish and calls for further decline.


Crude Oil (WTI)

Further upside.

Crude Oil


Pivot (invalidation): 54.75

Our preference
Long positions above 54.75 with targets at 55.65 & 56.25 in extension.

Alternative scenario
Below 54.75 look for further downside with 54.30 & 53.75 as targets.

The RSI advocates for further advance.

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

Latest Forex Analysis

Editors’ Picks

EUR/USD holds on to daily gains ahead of Fed

The EUR/USD pair finished Tuesday at around 1.1070 after falling below 1.1000, as speculative interest gets ready for the US Federal Reserve monetary policy announcement. EUR underpinned by a better market mood.


GBP/USD rallies past 1.2500, reaches fresh multi-week highs

The GBP/USD pair settled around the 1.2500 figure, getting a boost from easing demand for the greenback following relief news related to the crude oil market. Brexit uncertainty continues as the UK Supreme Court decides on PM Johnson’s Parliament suspension.


USD/JPY drops back to recent range after hitting fresh 6-week highs

The USD/JPY pair spiked to 108.35, reaching the highest intraday level since August 1st and then pulled back to the 108.15/20 area.


Saudi Arabia's oil output to be fully back online in next 2-3 weeks

Citing two sources briefed on the Saudi oil operations, Reuters reported that Saudi Arabia's oil output would return to normal levels quicker than initially thought.

Read more

Gold struggles to find direction, trades in tight range near critical $1,500 handle

The XAU/USD pair struggling to make a decisive move on Tuesday and continues to trade in a relatively tight range around the $1,500 handle.

Gold News

Forex Majors