Tag: gold
GOLD (XAU) – bearish engulfing on the ATH, time for correction – 10.08.2020
The month of July was a record month for GOLD (XAU). The price of this precious metal rose from 1777 to 1982 dollars per...
Silver – correction to the nearest support
Recently, silver seems to be more and more resistant to falls.
Although in recent days there has been a slight drop in prices, so far...
Gold – new reasons for growth – 07.01.2019
The new year started off successfully for those with long positions in gold. In the second half of last year it seemed...
GOLD – on the edge of bullish trend line – 16.09.2019
Last Monday (09.09) I analysed GOLD and the bearish engulfing pattern on weekly chart.
The layout of weekly candles suggested drops that occurred at the...
GOLD – breaks out from descending wedge – 30.05.2019
Gold, like the Swiss Franc (CHF) or Japanese Yen (JPY), is one of the safe heaven instruments that are willingly bought when the financial...
GOLD – Is it a Head and Shoulders Formation? -24/04/2019
After reaching this year's maximum in February, the price of gold is steadily falling. Currently, we are at 75 US dollars (USD) below the...
Price of GOLD (XAU/USD) in consolidation since the beginning of the year – 16/01/2019
Gold prices in relation to the US dollar (XAU/USD) overcame the key resistance of $1243.30 last December. In turn, already this year, the price...
GOLD – an open way to growth? – 27/12/18
Last week's GOLD prices remained above 1243.30, which works as support. The October high was also at this level.
This week the course has already...
Gold – new high after breaking the resistance – 15/10/18
The price of GOLD in relation to the US dollar increased last week, which led to the closure on Friday over the upper limit...
GOLD – Another Attack on Support
GOLD at the beginning of the current week again reached the key support - bottom of range area within $ 1304. There, as can...