Gold spot ($)

1274.00 expected.



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


Pivot (invalidation): 1284.50

Our preference
Short positions below 1284.50 with targets at 1278.00 & 1274.00 in extension.

Alternative scenario
Above 1284.50 look for further upside with 1286.50 & 1288.50 as targets.

A break below 1278.00 would trigger a drop towards 1274.00.


Silver spot ($)

Capped by a negative trend line.


Pivot (invalidation): 14.9800

Our preference
Short positions below 14.9800 with targets at 14.8400 & 14.7900 in extension.

Alternative scenario
Above 14.9800 look for further upside with 15.0300 & 15.0800 as targets.

As Long as 14.9800 is resistance, look for choppy price action with a bearish bias.


Crude Oil (WTI)

The downside prevails.


Pivot (invalidation): 63.95

Our preference
Short positions below 63.95 with targets at 62.75 & 62.25 in extension.

Alternative scenario
Above 63.95 look for further upside with 64.35 & 64.70 as targets.

The RSI advocates for further decline.

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 trims Pound-related gains, back to 1.1150/60 price zone

The EUR/USD pair got a nice short-lived boost from Brexit optimism, although it quickly trimmed gains, as PM May failed to convince the markets. Failure near 1.1200 left doors opened for a retest of the yearly low at 1.1110.


GBP/USD eases from daily highs post-May's speech

UK PM May rolled the Brexit ball to the Parliament, as MPs should approve the withdrawal deal in order to discuss a second referendum. New Brexit bill will be published in the next few days. GBP/USD retreats to mids-1.2700.


USD/JPY extends gains above 110.50, to highest in two weeks despite US Dollar weakness

The USD/JPY broke above 110.25 earlier today and accelerated to the upside. During the American session printed a fresh daily high at 110.63, the strongest in two weeks. 


Anti-EU populism rise not priced in the EUR, European election could hit Euro

The European Union is holding its Parliamentary election next Sunday, May 26th and the impact of this political event seems to be underpriced by currency markets. 

Read more

Gold struggles pull away from May lows, continues to trade near $1270

The XAU/USD pair closed the first day of the week virtually flat below the $1280 mark and came under a renewed pressure on Tuesday as the upbeat market sentiment didn't allow the precious metal to find demand as a safe-haven

Gold News