Gold spot ($)

Key resistance at 1412.00.

Gold

 


 

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

 


 

Pivot (invalidation): 1412.00

Our preference
Short positions below 1412.00 with targets at 1403.50 & 1400.50 in extension.

Alternative scenario
Above 1412.00 look for further upside with 1419.00 & 1424.00 as targets.

Comment
The RSI has just struck against its neutrality area at 50%.

 

Silver spot ($)

Key resistance at 15.1800.

Silver

 

Pivot (invalidation): 15.1800

Our preference
Short positions below 15.1800 with targets at 15.0700 & 14.9800 in extension.

Alternative scenario
Above 15.1800 look for further upside with 15.2400 & 15.3100 as targets.

Comment
The RSI is mixed to bearish.

 

Crude Oil (WTI)

Look for 61.60.

Oil

 

Pivot (invalidation): 60.15

Our preference
Long positions above 60.15 with targets at 60.90 & 61.60 in extension.

Alternative scenario
Below 60.15 look for further downside with 59.65 & 59.10 as targets.

Comment
The RSI is bullish and calls for further upside.

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 extends gains to fresh seven-week highs

The American dollar is under selling pressure amid a better market mood. EUR/USD above 1.1140 ahead of several Fed’s speakers that can rock markets.

EUR/USD News

GBP/USD trades around 1.29 amid speculation of Brexit vote

GBP/USD is trading around 1.29 as speculation mounts about the fate of the Brexit deal. UK PM Johnson faces a test in parliament after securing an accord with the EU.

GBP/USD News

USD/JPY: struggles near mid-108.00s pivotal point amid weaker USD

US Dollar Index slumped to multi-month lows below 97.50. 10-year US Treasury bond yield adds more than 1% on Friday. Wall Street's main indexes look to start the day little changed.

USD/JPY News

China’s downward economic path offers no escape from its trade problems

There were no surprises in China’s GDP figures as the government portrays an economy slipping steadily lower giving little promise of improvement or support for the waning global expansion.

Read more

Gold turns flat above $1,490 as USD remains under pressure

After dropping to a daily low of $1,485, the XAU/USD pair staged a modest rebound during the American trading hours and turned flat on the day near $1,492.

Gold News

Forex Majors

Cryptocurrencies

Signatures