Gold spot ($)

Bullish bias above 1280.00.

Gold


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


Pivot (invalidation): 1280.00

Our preference
Long positions above 1280.00 with targets at 1288.50 & 1291.50 in extension.

Alternative scenario
Below 1280.00 look for further downside with 1276.50 & 1272.50 as targets.

Comment
The RSI lacks downward momentum.

 

Silver spot ($)

Target 14.9500.

Silver

Pivot (invalidation): 14.7000

Our preference
Long positions above 14.7000 with targets at 14.8600 & 14.9500 in extension.

Alternative scenario
Below 14.7000 look for further downside with 14.6200 & 14.5700 as targets.

Comment
The RSI calls for a rebound.

 

Crude Oil (WTI)

Look for 63.25.

Crude Oil

Pivot (invalidation): 61.70

Our preference
Long positions above 61.70 with targets at 62.90 & 63.25 in extension.

Alternative scenario
Below 61.70 look for further downside with 61.35 & 60.90 as targets.

Comment
The RSI is bullish and calls 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.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD remains on the back foot amid ongoing trade concerns

EUR/USD is trading around 1.1150, the lowest in over two weeks. Markets are worried about US-Sino trade tensions as US companies stop working with China's Huawei and as China may ban these firms.

EUR/USD News

GBP/USD consolidates its losses amid Brexit pessimism

GBP/USD is trading in the low 1.2700s, close to the lowest since January. UK PM May is set to present a new plan after cross-party talks failed and as her successors are waiting for her resignation.

GBP/USD News

USD/JPY rebounds to 110 as Wall Street starts erasing early losses

After edging higher to a two-week high of 110.30 during the Asian session, the USD/JPY pair reversed its direction and erased 50 pips to touch a session low 109.80 in the early trading hours of the NA session before rebounding modestly.

USD/JPY News

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Updating the bullish signal level, now at $8,250 BTC/USD

The ceiling of the bear channel stops an army of Bitcoiners ready to go to the Moon. ETH/USD may extend its gains despite Bitcoin weakness. XRP/USD is facing increased volatility.

Read more

Gold stays flat below $1280, can FOMC's Powell wake up markets?

The XAU/USD pair pushed lower in the early trading hours of the European session to touch its lowest level in more than two weeks at $1273.75. 

Gold News

Majors

Cryptocurrencies

Signatures