Friday, February 24, 2023

The Seven stages of overcoming the new hawkish Federal Reserve's policy and forward guidance

The Seven stages of overcoming the new hawkish Federal Reserve's policy and forward guidance: The Seven stages of overcoming the new hawkish Federal Reserve's policy and forward guidance Although the Federal Reserve implemented its first interest rate hike approximately one year ago, market pa...

Thursday, November 3, 2022

Gold prices move near session highs as Federal Reserve raises interest rates 75 basis points

Gold prices move near session highs as Federal Reserve raises interest rates 75 basis points: Gold prices move near session highs as Federal Reserve raises interest rates 75 basis points The gold market is seeing some new buying momentum as the Federal Reserve looks to slightly adjust its aggr...

Sunday, July 17, 2022

Gold price holding support at $1,700 as U.S. retail sales rise 1% in June

Gold price holding support at $1,700 as U.S. retail sales rise 1% in June: Gold price holding support at $1,700 as U.S. retail sales rise 1% in June The gold market is holding support at $1,700 as U.S. consumers appear to be on solid footing, buying more than expected in Jun...

Thursday, April 7, 2022

Gold choppy but lower as FOMC minutes show no hawkish surprises

Gold choppy but lower as FOMC minutes show no hawkish surprises: Gold choppy but lower as FOMC minutes show no hawkish surprises Gold prices initially erased mild losses and traded firmer in the wake of the just-released FOMC minutes. However, prices have since sol...

Tuesday, September 7, 2021

Gold price analysis on the weekly chart

Gold price analysis on the weekly chart: Gold price analysis on the weekly chart On the weekly chart, it seems easy to see why gold is stuck in a strong consolidation zone. It is best to pick up this timeframe at month-end and as August just...

Saturday, May 22, 2021

A Golden Cross could be forthcoming between the 50-day EMA and the 100-day EMA

A Golden Cross could be forthcoming between the 50-day EMA and the 100-day EMA: A Golden Cross could be forthcoming between the 50-day EMA and the 100-day EMA To paraphrase Investopedia, the golden cross is a chart pattern. A bullish signal in which a market's moving average move...