Bitcoin, EURGBP and GOLD – worth watching in week 20 of 2023
As in the title, I was interested in three financial instruments earlier this week: BTC, EURGBP and Gold. Some interesting inside and outside bar...
EURJP, USDCAD, SILVER – interesting pairs this week 19/2023
The economic calendar this week (19/2023) is much less abundant with important economic events, but it is worth mentioning at least three that could...
GOLD – a bearish engulfing on the top heralds correction?
The start of this year has been kind to gold. Since November last year when a triple bottom formation appeared at $1615/oz, the price...
GOLD falls, bearish engulfing pattern on daily chart
Last Friday, we learned about data from the US labour market. The US economy added a net 263,000 jobs in November, well above market...
Gold may cheapen this week – there are fundamental and technical reasons
Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...
GOLD- Central Banks buy more and more
Last week we had two major events on the economic calendar. The first was undoubtedly the FED's decision to raise interest rates to 4%....
GOLD and Yen will get stronger – FED rate decision on Wednesday
I analysed Gold at the end of October, a week has passed since then and my prediction that we are witnessing a correction of...
GOLD in a correction, third time lucky?
Gold quotations peaked this year on 8 March. Two weeks after Russia's attack on Ukraine, the gold price started to fall quite intensively. Last...
GOLD in a correction, bullish engulfing on daily chart
Two weeks after Russia's attack on Ukraine, gold prices reached the maximum of the year. Starting on March 8, the gold price began to...
Will GOLD shine again ? The FED week.
The second quarter of this year was not kind to Gold. After setting a peak at $2070/oz in March, the price fell to $1680/oz...