XAUUSD Analysis Today And Week-Ahead Forecast
Gold vs. Dollar - What is the outlook and setups I am looking to trade.
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Gold Miners Are on Schedule
The gold and silver Commitments of Traders indicated a potential for a coming decline in gold, silver and the gold miners. A correction, not the end of the bull phase by this sentiment...
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Gold Might Bounce as Debt Ceiling Debate Continues
The approaching deadline for resolving the USA's debt ceiling has brought some tailwinds for gold as nervousness in markets has increased somewhat compared to last week. The price of gold...
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All Eyes on Nasdaq and Bitcoin
This week, traders are focused on a debt-ceiling situation, as the difference between short-term and long-term bonds for the US deepens. This situation gives some bullish pressure for the US...
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Gold Faces Bigger Selloff if Support Fails
There’s so much uncertainty today that I think the markets are uncertain about being uncertain.I know gold is sure trading like it.With so much uncertainty in the world today, it’s not...
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Investors Await SARB Decision Today
The FTSE/JSE All Share Index closed down by 1.47% on Wednesday, despite a decrease in the local annual inflation rate. Local inflation reached an 11-month low of 6.80% yesterday, but it is...
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Should You Buy the Gold High?
The world economy is showing a lot of uncertainty right now, causing traders to either take a break or put too much guesswork into their forecasting. In times of such uncertainty, gold has...
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Will the U.S. Default?
The US is dangerously close to triggering its debt ceiling limit, yet markets seem very relaxed.The 2011 episode shows us how political incentive schemes can instead drag negotiations until...
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Orange Juice: New $3 Record High on Charts Before Swing Lower
FCOJ entrenches position in club of double-digit commodity annual gainers Orange juice up 29% on the year, could finish May in the black after 2 months of losses Rabobank says sans...
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Market Review, Corporate Updates, Commodities & Currencies - 23.05.23
South Africa Market Review South African markets closed in the red yesterday, as investors await April consumer price inflation data and SA Reserve Bank’s interest rate...
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Bitcoin Ranks High as a Safe-Haven Asset as Household Debt Climbs to $17 Trillion
Once a year, Miami becomes a global Mecca for Bitcoin enthusiasts and advocates when the city hosts the titular conference celebrating the largest digital asset by market value. With a $525...
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Commodities Week Ahead: Oil, Gold on Edge as Biden, Rivals Spar Over Debt Deal
US debt crisis rolls on as Biden, McCarthy hold to their positions Gold, oil soft in Monday’s Asian trade on wavering headlines for a likely debt deal Fed remarks parsed as well for...
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Market Review, Corporate Updates, Commodities & Currencies - 22.05.23
South Africa Market Review South African markets closed in the green on Friday, boosted by gains in banking and real estate sector stocks. Lenders, Capitec Bank Holdings (JO:CPIJ) and...
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Global Markets Mixed on US Debt Ceiling Stalemate, China’s Recovery Concerns
Global markets closed mixed on Friday as investors continued to evaluate the strength of China’s post-pandemic recovery, while a pause in the US debt ceiling negotiations rattled...
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XAUUSD Analysis Today And Week Ahead Forecast
XAUUSD Analysis Today and Forex XAUUSD Week Ahead Forecast
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Market Overview
The US is strengthening this week, pushing Gold and Silver down, as traders lift the probability of a June FED hike to around 40%. A stronger-than-expected economic data for the US from...
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XAUUSD, Daily
Gold is pushed down following the change in the bond markets and the rising US dollar. The net position of commercial traders had reached a one-year low, according to the Commodity Futures...
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Market Review, Corporate Updates, Commodities & Currencies - 19.05.23
South Africa Market Review South African markets closed in the red yesterday, after Eskom warned of power cuts in coming months. Food companies, RCL Foods (JO:RCLJ), AVI and Tiger Brands...
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Gold Price Suppression or Unbroken Confidence by the Herd?
First, let me get this in print up front; the gold price (like most/all markets) is manipulated in different ways. It can be talked down, it can be subject to paper buying/selling that does...
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Daily Technical Analysis Of XAUUSD - Wednesday, May 17
Looking at gold’s chart, we can see that the precious metal was trading above the level of $2000 in the past two weeks, and yesterday it broke down that support level as it is currently...
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Gold: After Mini-Crash to Below $2,000, What’s the Chance for Upside?
Gold’s closing streak above $2,000 short-circuited by dollar, Treasuries But a study of trading charts show gold’s upside probably chipped, not broken Spot gold should not close...
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Global Stocks Edge Lower as Investors Await Updates on US Debt Ceiling Talks
The FTSE/JSE All Share Index extended losses for a second consecutive session on Tuesday, tracking weaker global markets as investors awaited updates on the ongoing debt ceiling talks...
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Market Review, Corporate Updates, Commodities & Currencies - 17.05.23
South Africa Market Review South African markets closed in the red yesterday, as investors assessed US debt ceiling talks. Real estate companies, Delta Property Fund (JO:DLTJ), Fortress...
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When it Comes to Gold, China Can’t be Excluded
Gold prices continue to slide down today in intraday trading. Although yellow metal has generally been trading in an uptrend since November, mixed fundamentals are slowing down the bullish...
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Market Review, Corporate Updates, Commodities & Currencies - 16.05.23
South Africa Market Review South African markets closed in the red yesterday, led by losses in retail and mining sector stocks. Retailers, Pick n Pay Stores (JO:PIKJ), Truworths...
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Silver May Explode Higher
Approximately 12 years ago, I wrote my first public market prognostication and it was focused on gold. At the time, gold was enjoying a parabolic rally, and the discussion amongst the...
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Copper-Gold Ratio Signals Economic Slowdown, Falling Rates and Inflation
The world is full of economic concerns. Inflation, economic slowdown, global trade, and international war.So what’s next?Today’s chart might share a glimpse into the future. Below is a...
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Wall Street Remains Optimistic Over the Prospect of a US Debt Ceiling Agreement
Wall Street was trading in the green on Monday as investors remained optimistic about a debt ceiling agreement following successful staff-level talks over the weekend as the US hurtles...
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The Looming Debt Ceiling Crisis: What It Means for U.S. Economy and Markets
Every couple of years, it seems, the world watches in apprehension as the U.S. president and Congressional leaders play chicken over the nation’s debt limit. If the so-called ceiling...
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Commodities Week Ahead: Oil Vexed Despite 4 Weeks in Red; Gold Solid Above $2,000
If WTI regains mojo, it could move towards $75; if not test of $60 support open Gold only needs to stay above $2,000 to keep alive chance of a new record high Fed Chair Powell, a slew of...
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Market Review, Corporate Updates, Commodities & Currencies - 15.05.23
South Africa Market Review South African markets closed in the green on Friday, buoyed by gains in financial and mining sector stocks. Financial services companies, Alexander Forbes Group...
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Markets Closed Mixed on Friday
Global markets closed mixed on Friday, with some indices closing in the green after positive earnings results and other closing in the red mainly due to Chinese economic recovery concerns...
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XAUUSD Analysis Today Plus Week Ahead Forecast
Gold spot to USD analysis for Saturday, May 13, with XAUUSD week-ahead forecast.
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Inflation Bugs Nervous for the Wrong Reasons After April PPI Report
The April PPI report came in on the disinflationary side, and as a side note, unemployment claims jumped to the highest level since 2021. This has inflation-centric gold bugs scattering out...
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Commodity Price Patterns Keep Signaling Bearish Reversals
Market prices absorb all the information that’s out there. Perhaps that’s why several commodity prices surged in the months leading up to the Russian invasion of Ukraine.And since then, they...
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Further Gains in View for Cable
Cable might move up further this week in line with the uptrend in recent months around several important technical areas. The most important releases to monitor this week are the Bank of...
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XAUUSD: Final Impulse Builds Bullish Zigzag
In the long term, XAUUSD forms a primary double zigzag consisting of sub-waves Ⓦ-Ⓧ-Ⓨ.
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Gold Looks Overvalued Based on a 'Fair Value' Model
The world’s favorite precious metal is enjoying a moment in the sun lately. Trading at record highs recently, gold’s allure is back in vogue as various macro risk factors provide...
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Trading Gold During a Recession: What Happened Before and What’s Happening Now
The price of gold, like any other commodity, is driven by supply and demand, interest rates, and investor behavior. However, when the economy is in turmoil, gold prices tend to behave...
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De-Dollarization Story Continues to Simmer, but Not Boil Over
The multitude of analysts that have been waiting for the “death of the dollar” (DoD) for at least a couple of decades now have a new jingle. “De-dollarization” by global entities trading in...
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Market Review, Corporate Updates, Commodities & Currencies - 10.05.23
South Africa Market Review South African markets closed in the red yesterday, amid concerns surrounding US debt ceiling and led by losses in mining sector stocks. Gold miner, Sibanye...
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Silver: Where to After Gold’s Record High?
Silver’s spot price hits more than one-year high at $26.146, then retraces Just like gold has potential for $2,500/oz, silver could breach $30 at some point A sustainable break above...
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Market Review, Corporate Updates, Commodities & Currencies - 09.05.23
South Africa Market Review South African markets closed in the green yesterday, buoyed by gains in industrial metals and mining sector stocks. Gold miners, Gold Fields (JO:GFIJ), Harmony...
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Banking on Gold: The Silver Lining in U.S. Regional Banking Storm
According to the official rules of Monopoly, the bank can never run out of money.Obviously that’s not always the case in the real world. We’ve already seen three regional banks fail in the...
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Commodities Week Ahead: Inflation Test for Oil, Gold Soon After Fed Rate Hike
Wednesday will bring the U.S. CPI report for April, forecast to show sticky inflation Fed chatter on whether there’ll be a June hike or not could bombard markets China data expected to...
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