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Month: March 2019

Gold Price Futures (GC) Technical Analysis – Pivot at $1296.20 Controlling Short-Term Direction

March 20, 2019 admin Leave a comment

Gold prices moved higher on Tuesday, as the dollar weakened despite rising US yields. The EUR/USD whipsawed higher, despite a…

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Posted in: News

Gold & Silver – Rickshaw Man gives shorting chances for both

March 18, 2019 admin Leave a comment

On the 3-hour chart: – Rickshaw Man  doji candle shows indecision at 1305 – That  doji candle forms an  evening star pattern – Downtrend line from 1311  Gold might just…

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Posted in: Analysis

Gold Prices Slip Ahead of Fed Meeting

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Investing.com – Gold prices slipped on Monday in Asia ahead of a Federal Reserve meeting that is expected to shed…

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Posted in: News

Possible Head & Shoulder Pattern on the 1-hour Chart

March 15, 2019 admin Leave a comment

A potential  head & shoulders pattern can be spotted in the 1-hour chart. If price goes down from potential reversal zone to…

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Posted in: Analysis

Gold Could Resume Downtrend

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Daily chart: Price is in a correction since making a top at 1346. After finding support at 1281, price bounced…

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Posted in: Analysis

Gold Technical Analysis: Downside favored on bear flag breakdown, head-and-shoulders in the making

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Gold could be in for a deeper drop toward the recent low of $1,280, a bearish continuation pattern confirmed yesterday indicates. …

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Posted in: News

Gold & Silver – Short Term Bounce is Over ?

March 14, 2019 admin Leave a comment

Gold has been in a short term bounce from 1281  support level . AB=CD pattern completed at 1311. Price seems to fail at MA(200) on the…

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Posted in: Analysis

Gold Technical Analysis: Rejected at 4H 200MA, hourly RSI diverges in favor of bears

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Gold jumped to 4-hour 200-candle moving average (MA) of $1,311 earlier today, as expected, but failed to take out the key…

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Posted in: News

Gold – Up to 1320 ?

March 13, 2019 admin Leave a comment

Technical analysis from GOLDTREND.NET Gold has bounced back from support at 1281. A  cup & handle reversal pattern is spotted on the 4…

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Posted in: Analysis

Gold Prices Up as Brexit Uncertainties Attract Safe-Haven Bids

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Investing.com – Gold prices rose on Wednesday in Asia as traders opted for the safe-haven metal after U.K. Prime Minister…

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Posted in: News

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