NZD/USD has been quite indecisive today after some bullish gains recently in a long-term bearish market. USD has been dominating in the pair that pushed the price lower from the 0.7550 area to the current level of 0.6950. Recently, due to some downbeat economic reports from the US, NZD gained some momentum. But today indecisive […]

Recently, the GOLD has been trading upwards. The price tested the level of $1,288.70. According to the 15M time – frame, I found doji candles at the pivot resistance ($1,287.35), which is sign that buying looks risky. I also found overbought stochastic oscillator, which is another sign of weakness. My advice is to watch for […]

Ruth Barrons Roosevelt, writer of Overcoming 7 Deadly Sins of Trading, says there are certain obstacles or “sin” traders must avoid to be successful.   This article will take a look at these sins – how they play into trading and how avoiding them can help you achieve your investment goals. 1 Being a Perfectionist […]

Daily Outlook A recent bullish breakout above the downtrend line took place on May 22. Since then, the market has been bullish as depicted on the chart. This resulted in a quick bullish advance towards next price zones around 0.7150-0.7230 (Key-Zone) and 0.7310-0.7380 which was temporarily breached to the upside. The recent bearish pullback was […]

Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100 (multiple previous bottoms set in July 2012 and June 2010). Hence, a long-term bearish target was projected toward 0.9450. In March 2015, EUR/USD bears challenged the monthly demand level around 1.0500, which had been previously reached in August 1997. […]

Recently, the EUR/USD has been trading upwards. The price tested the level of 1.1644. According to the 15M time – frame, I found an evening star formation at the pivotal resistance 3 (1.1640), which is sign that buying looks risky. I also found overbought stochastic oscillator, which is another sign of weakness. My advice is […]

BITCOIN ‘to da moon!’ is slaying Google searches to ‘buy Silver‘…   QUICK! Can you name this asset? asks Adrian Ash at BullionVault.   There’s not a moment to lose… It’s got a storming story – new technology, China, mass adoption, the future, you name it; Scarcity is guaranteed (kinda), with a huge shortage certain […]

The dumbest investing idea you’ll read before the next stockmarket crash…   SO LAST WEEK’s LBMA conference in Barcelona coincided not only with the city’s split over independence for Catalonia, writes Adrian Ash at BullionVault.   It also saw the 30th anniversary of the 1987 stock market crash, the sharpest ever plunge in major world […]

Barcelona conference loved palladium, shrugs at GOLD prices…   GOLD PRICES again proved the least interesting and least discussed issue at this year’s LBMA conference, writes Adrian Ash at BullionVault.   Palladium everyone loves. It’s got narrative (gasoline hybrid autos need pall’ catalysts, while platinum‘s diesel market is hated by lawmakers and headline-writers) plus momentum […]

Precious metals history and macro-outlook from LBMA conference… LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London […]

Independence a big issue as LBMA conference hits the Catalan capital…   THIS WEEKEND kicks off the precious metals chit-chat and all-round fun-fest of the bullion market’s key industry event, writes Adrian Ash at BullionVault – the annual LBMA conference…   …cleverly timed this year to take place in Barcelona.   You’ll find all the […]

Measured and authoritative. So there…   SO WHAT qualities might Donald Trump want in the next chair of the Federal Reserve? asks Adrian Ash at BullionVault.   “We’ll do whatever we can do to prevent Kevin Warsh from taking on the role,” says Jennifer Epps-Addison, president of the self-declared ‘pro-worker, pro-immigrant’ Center for Popular Democracy. […]

Ermine for idiots, profits for bankers. And for savers? Risk…   EVEN a stopped clock tells the right time twice a day, writes Adrian Ash at BullionVault.   And 10 years ago this week, the minute-hand slowly turned towards a dark midnight which gloomy GOLD bugs like us had long predicted.    We like to […]

Nor 100% about the Dollar. Just in time for Goldman Sachs to catch on…   NICE to see Goldman Sachs spotting what matters 3 months late, writes Adrian Ash at BullionVault.   “It is tempting to blame the rally in GOLD prices on recent events in North Korea,” says a note from the US investment […]

So the daily correlation data say at least…   SO APPARENTLY, the latest pop and retreat in GOLD prices has all been about the nuclear stand-off between the US and North Korea, writes Adrian Ash at BullionVault.   “Gold falls on rising risk appetite as N.Korea tensions ease,” says Reuters. And fair enough.   Trump […]

“Whatever it takes” has so far equaled $15 trillion of QE…   WEDNESDAY this week marks the 10th anniversary of what pundits, analysts and most investors now agree was the start of the global financial crisis, writes Adrian Ash at BullionVault.   If they had been paying attention when the interbank credit markets first froze […]

GOLD PRICE gains of 0.9% for the week so far held firm in London trade Wednesday as world stock markets flat-lined with bonds and Commodities, and news spread that hundreds of millions of dollars held in crypto-currency Ethereum have been potentially lost by a developer “error”.   Between $150-300 million-worth of crypto-currency was either frozen […]

GOLD PRICES held most of yesterday’s 1.0% jump against the Dollar and touched new 3-week highs for Euro investors on Tuesday, trading higher as Crude Oil rose and Saudi Arabia accused Iran of “direct military aggression” tantamount to a declaration of war.   Wall Street’s S&P500 index of US stocks ended Monday with its 11th […]

GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as Crude Oil hit 2-year highs amid political turmoil and violence in the Middle East.   Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of […]

GOLD PRICES gave back a $5 pop on new US jobs data Friday to near the weekend at $1269 per ounce – a 13-week closing low – as world stock markets slipped from new all-time highs.   Crude Oil rose but base metals eased back further from their 25% gains of the last 6 months. […]

GOLD PRICES held or rose near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no change” decision by raising UK rates off an all-time record low as analysts and traders had forecast.   The Pound fell hard on the […]

GOLD PRICE gains of 0.9% overnight evaporated against a rising US Dollar in London on Wednesday ahead of the Federal Reserve’s latest policy decision, widely-expected to leave interest rates and QE unchanged.   Gold popped to 1-week highs at $1280 per ounce in Asian trade overnight as the Caixin PMI survey said Chinese manufacturing activity […]

GOLD PRICE gains of 0.5% evaporated in Dollar terms in London trade Tuesday as European stock markets rose with government bond prices despite the “internationalization” to Belgium of Catalonia’s separatist push against Spain.   With Dollar-gold trading down to last week’s finish at $1272 per ounce — the lowest Friday close since early August — the […]

GOLD PRICES inched lower on Monday morning in London ahead of a busy week for central bank policy meetings, plus Donald Trump’s pick for the next head of the US Federal Reserve, writes Steffen Grosshauser at BullionVault.   After the European Central Bank slowed its QE stimulus growth last week, the Bank of Japan will […]

GOLD BULLION headed for its lowest weekly close since the start of August today, losing over 1% against the rising Dollar from last Friday’s finish as world stock markets rose yet again.   After Thursday’s latest data showed the US trade deficit, jobless benefit claims and pending home-sales all worsening, GDP figures for July to […]