https://www.investing.com/news/commodities-news/gold-prices-rise-as-margin-pressure-from-other-markets-eases-2147899 By Geoffrey Smith Investing.com -- Gold prices rose strongly in line with risk assets, rather than havens, on Wednesday, as the pressure on hot money to liquidate to cover losing positions in oil eased.Monday and Tuesday had witnessed some forced selling as volatility in oil badly hit some short-term trading accounts. Interactive Brokers said it expected to post a loss of $88 million after many of its clients weren’t able to cover their margin calls on a day when U.S. crude futures turned negative.By 11:35 AM ET (1535 GMT), gold futures for delivery on the Comex exchange were 2.6% higher at $1,730.80 a troy ounce, having made steady gains throughout the day. Spot gold was up 1.4% at $1,709.53 an ounce.Silver futures also rebounded by 1.8% to $15.19 an ounce, while platinum futures underperformed, gaining only 0.1% to $759.20 an ounce. Gold was still benefiting from Bank of America (NYSE:BAC) hanging a $3,000 price target on it earlier in the week, albeit the bank’s analysts say that could be over a year away. In the shorter term, the narrative of financial repression gained further momentum with reports that the European Central Bank will discuss loosening its collateral rules at this week’s policy-making meeting, making it easier to push money out through its refinancing operations. The sight of global central banks pumping ever-larger amounts of fiat currency into markets, against ever-weaker collateral, has been a central argument for gold bulls for the last decade.The U.S. Senate passed the latest $484 billion economic support package on Tuesday. It now goes to the House for a vote later this week.The latest reports come a day ahead of another European Union summit whose aim is to agree on funding a common policy for getting the economy back on track. Spain, France and others have all called for greater joint borrowing, but face an uphill struggle to convince Germany, the Netherlands, Austria, Finland and others.
https://www.economies.com/commodities/gold-analysis/midday-update-for-gold-22-04-2020-71124 Gold price resumes its positive trading to move away from 1678.45 level, reinforcing the expectations of the bullish trend continuation for the rest of the day, supported by the EMA50, waiting for visiting 1747.43 level initially, reminding you that holding above 1678.45 level is important for the continuation of the suggested rise. The expected trading range for today is between 1660.00 support and 1720.00 resistance. The expected trend for today: Bullish
https://www.fxempire.com/forecasts/article/gold-price-forecast-gold-markets-continue-to-march-higher-2-645495 Gold markets rallied significantly during the trading session on Wednesday, as the gold buyers came in and overwhelm down the $1700 level. The market has been very bullish for some time, and it makes sense that the $1700 level would offer a lot of support due to the fact that it is a large, round, psychologically significant figure. The candle is reaching the top of the range late in the day and it does suggest that perhaps we are going to go looking towards $1750 level, maybe even higher than that. I like the idea of buying short-term pullbacks, as I believe there is more than enough reason for gold to go to the upside. Gold Price Predictions Video 23.04.20 https://www.youtube.com/watch?v=PepNLh4bgiM&feature=emb_logo
https://www.economies.com/commodities/gold-analysis/gold-price-gets-a-positive-signal-%E2%80%93-analysis---16-04-2020-70945 Gold price keeps fluctuating around 1715.00 level, and still inside the bullish channel that appears on the chart, as it gets continuous positive support by the EMA50, while stochastic provides positive signals on the four hours’ time frame. Therefore, we believe that the chances valid to resume the main bullish trend, which its next target located at 1775.00, while achieving it requires holding above 1700.00. The expected trading range for today is between 1700.00 support and 1740.00 resistance. The expected trend for today: Bullish
1730$ https://www.economies.com/commodities/gold-analysis/midday-update-for-gold-14-04-2020-70882 Gold price settles around 1720.00 level since morning, and the price continues to move inside the bullish channel that appears on the chart, which supports the expectations of continuing the bullish trend in the upcoming period, reminding you that our next station is located at 1770.00. Therefore, the positive scenario will remain suggested for today conditioned by the price stability above 1703.25, noting that the EMA50 keeps supporting the expected bullish wave. The expected trading range for today is between 1700.00 support and 1750.00 resistance. The expected trend for today: Bullish
Apr10 Gold price provides positive trades to keep approaching our waited target at 1703.25, getting continuous positive support by the EMA50, to support the chances of breaching this level and open the way to achieve more positive targets, as the next target reaches 1770.00.Therefore, the bullish trend scenario will remain valid and active in the upcoming sessions, organized inside the main bullish channel that appears on the chart, reminding you that it is important to hold above 1644.20 as a first condition to continue the suggested bullish wave.The expected trading range for today is between 1665.00 support and 1710.00 resistance.The expected trend for today: BullishPrevious
Kitores elott az arfolyam az also emelkedo trendvonalrol pattant.Amennyiben atviszi a felso ellenallas vonalat 1675$-nal akkor uj csucsra mehet. Erdemes figyelni.
Arany-Ezüst