Gold spot ($)

The bias remains bullish.

Gold

 


 

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

 


 

Pivot (invalidation): 1324.00

Our preference
Long positions above 1324.00 with targets at 1334.00 & 1344.00 in extension.

Alternative scenario
Below 1324.00 look for further downside with 1320.00 & 1315.00 as targets.

Comment
The RSI is above its neutrality area at 50%.

 

Silver spot ($)

Supported by a rising trend line.

Silver

 

Pivot (invalidation): 14.7000

Our preference
Long positions above 14.7000 with targets at 14.9200 & 15.0000 in extension.

Alternative scenario
Below 14.7000 look for further downside with 14.6400 & 14.5600 as targets.

Comment
The RSI calls for a bounce.

 

Crude Oil (WTI)

Key resistance at 52.50.

oil

 

Pivot (invalidation): 52.50

Our preference
Short positions below 52.50 with targets at 51.25 & 50.60 in extension.

Alternative scenario
Above 52.50 look for further upside with 53.00 & 53.40 as targets.

Comment
The RSI is below its neutrality area at 50%

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 extends its gains toward 1.1300 after the dovish Fed decision

EUR/USD has extended its gains after the Fed opened the door to cutting interest rates, stating that uncertainties have increased. Markets are awaiting EU leaders to divvy up top jobs.

EUR/USD News

GBP/USD falls after the dovish BOE statement

GBP/USD retreats below 1.2700. after the BOE downgraded Q2 forecasts, noting downside risks have increased. Boris Johnson won the fourth round of the Conservative Contest in which Sajid Javid was eliminated.

GBP/USD News

USD/JPY: Remains vulnerable, bears likely to target levels below 107.00 handle

The USD/JPY pair finally broke down of its recent consolidative trading range, held over the past one week or so and tumbled to its lowest level since the early-Jan. flash crash. 

USD/JPY News

FOMC: Prelude to a rate cut?

The Federal Reserve added little new to its policy prescript in Wednesday’s FOMC statement and economic projections and with the anticipation for a July rate cut long priced into market levels the reaction was decidedly uninvolved.

Read more

Gold eases from multi-year tops, still well bid near $1380 level

Gold built on the post-FOMC upsurge and rallied to near six-year tops during the Asian session on Thursday, albeit retreated a bit thereafter.

Gold News

Majors

Cryptocurrencies

Signatures