June 27 2022 🕓 2 min
G7 is ready to ban Russian gold
G7's plan to ban bullion import from Russia has probably smaller effect than expected. Resistance holds the price under 1840$.
Tag: gold
June 20 2022 🕓 3 min
Why did gold stay in neutral zone after Fed
Fed's monetary decisions were unexpected, but the shock has not come and the price of gold stays in the sidetrend.
June 13 2022 🕓 3 min
Higher demand for safe havens after inflation data
The shock from higher-than-expected inflation data sparks higher demand for safe havens as gold's low/high range was +2.91%.
June 6 2022 🕓 2 min
Gold accumulates volume before big macro data
Gold's side move shows the significant accumulation of volume before inflation data at the end of the week.
May 30 2022 🕓 3 min
Gold accumulates volume around support level
Gold breached above resistance level and accumulates volume. Despite this, this month's performance is -2.54%.
May 23 2022 🕓 2 min
Gold breaks downtrend pattern
After a month long downtrend on gold, first disruption occurred. Price went up and left important supports behind.
May 16 2022 🕓 3 min
Gold is in decline for a month
Yellow metal is in decline for a month. And guessing the low of this downtrend does not seem as a reliable strategy.
May 13 2022 🕓 3 min
Turbulent week on commodity markets
Precious metals reacted to higher than expected inflation data. Crude oil affected by EU ban and Covid situation in China.
May 9 2022 🕓 3 min
Gold tests support levels
Fed's monetary policy sparks big volatility in the markets, while gold falls to support levels. Big inflation data are awaited on Wednesday.
May 2 2022 🕓 2 min
Gold awaits Fed’s decision
The Fed week is here. One of the most important data will be revealed, which could move the Gold price significantly.
April 27 2022 🕓 3 min
Gold plunged under 1900$
Concerns from next week's Fed meeting and eased nervousness from presidential vote in France sent gold under 1900.
April 25 2022 🕓 2 min
Gold erased previous week’s gains
This week, gold erased gains from previous week's rally. It's volatility represents -3,24%, and it is not the end of the day yet.