Gold and silver: Is it time to buy again?
It was a terrible week for precious metals. Silver took the worst part by losing 14.7% and hitting the lowest level in two months at $21.67. Gold declined by 4.5%,…
EUR/USD range: What could trigger a breakout? 1.15 or 1.21?
The EUR/USD pair continues to move sideways despite all the recent events that include the European Central Bank meeting, last week FOMC meeting, the new strategy from the Federal Reserve,…
Gold and Bitcoin: Will the yellow metal drive down the cryptocurrency?
Both gold (XAU/USD) and Bitcoin (BTC/USD) have posted stellar gains over the last months. The yellow metal reached fresh record highs above $2,000 the troy ounce last week, while the…
Gold finally made it to $2,000, will silver get to 50?
When silver (XAG/USD) reached an all-time high of $49.80 (April 2011) gold (XAU/USD) was lagging, trading around $1,560. It took five more months for the yellow metal to catch up…
July: The month of gold, BTC and techs
July was a month of record highs for many stocks, led by the tech sector. While the economy continued to suffer from the coronavirus, Wall Street and Chinese markets soared,…
Gold keeps rising and rising: is time for a surprise?
Gold rose a hundred dollars in the week. How much fuel does the rally have? When everybody sees prices moving in one direction, odds of a surprise increase On Thursday,…
Bloody Tuesday for USD, the sell-off might not be over yet
After many days of range-bound trading, many forex crosses made breakouts against the US dollar; a similar situation applies to gold and crude oil. If current levels are sustained, the…
Gold holds above 1,800 and signals for another run
Gold is trading positive on Tuesday after holding the $1,800 level earlier in the day and reacting somehow positively to economic data. A mixed sentiment keeps the XAU/USD above that…
Is all the euphoria in Markets justified? Gold Opportunity
Last Monday, the S&P 500 closed at 3,232.39 after completing its recovery and turning positive on the year in an impressive 47% “comeback rally” from March 23 minimums at 2,191.…
