Gold Bull-Flag Formation Continues to Unfold Ahead of FOMC Minutes
Gold Talking Points
Gold quickly approaches the 2019-high ($1326) as fresh data prints coming out of the U.S. economy dampen bets for a Federal Reserve rate-hike, and the Federal Open Market Committee (FOMC) Minutes may continue to shake up the near-term outlook for bullion as a bull-flag formation appears to be ...
Gold Prices Stopped Short of Resuming Dominant Uptrend, Watch RSI
Gold Technical Forecast: Neutral
Gold prices made attempt to breach immediate resistance towards the end of last week
XAU/USD fell short of resuming dominant uptrend, reinforcing 1323.60 as resistance
Watch for fading upside momentum, may place gains at risk. Support at 1302.97 eyed
Find out what the #1 mistake that traders make is ...
Crude Oil Nails Trendline; This is a Big Level
Daily (LOG)
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-The last update remarked that "crude is crashing. The 200 day average is right here but the trendline is just above 47. If that doesn't hold, then 37 (61.8% of rally from February 2016 and August 2015 low) is probably ...
Dollar Within Reach of Two-Year High but Reversal Pressure High
Dollar Talking Points:
The DXY Dollar Index gained modestly this past week, slowing the fastest climb since Oct's peak
Retail traders are heavily net long EURUSD – a short Dollar position
See the 1Q 2019 fundamental and technical forecast for the Dollar updated on our trading guides page
Technical Forecast for US Dollar: Bearish
The ...
US Dollar Needs Sentiment Consistency to Set Lasting Trend
US DOLLARFUNDAMENTAL FORECAST: NEUTRAL
US Dollar unable to hold up after touching six-week high
Fundamental driver inconsistency leaves outlook clouded
Risk trend conviction needed, January FOMC minutes due
Gain confidence in your US Dollar trading strategy with our free guide!
The US Dollar attempted to extend higher last week, touching a six-week high against an ...
