Tags : Gold

Commodities

Gold and Powell’s dovish stance

Return from From Four-Week High? By: Ahura Chalki Market analyst – IFC Markets After FED chair Jerome Powell comments about the Labor market and Inflation, which repeated the exact previous words as before, USD crashed, and Gold took advantage of that.  Yesterday’s uptrend sent the yellow metal to its 4-week high above 1,830, and today also […]Read More

Commodities

Gold and FED, Buy or Sell?

Will the FED turns Gold into the Red? By: Ahura Chalki By: Ahura Chalki – IFC Markets For Gold, in the week ahead, everything will be about the FED policy meeting. Gold can start a long-term rally for a 2K area or a downside rally on the flip side that can send it to a […]Read More

Commodities

Gold Technical and Fundamental analysis

XAUUSD Seeking for a convincing reason By: Ahura Chalki Market analyst – IFC Markets Market volatility since last week has set the investors in an unstable and precarious condition.  Stocks mostly are trading even overpriced and high prices, making it risky for new investors and positions, especially now, when whispers about tightening monetary policies from FED […]Read More

Commodities

Gold, Weekly analysis

What fundamentally moves the Gold market in the week ahead? By: Ahura Chalki Market analyst – IFC Markets A summary from last week shows us that weaker than expected job reports caused a sharp drop in the U.S. Treasury yields, and it was the reason why the U.S. Dollar decrease right after that. And weaker USD send […]Read More

Commodities

Gold after US data!

Market sentiment is positive. By: Ahura Chalki Market analyst – IFC Markets Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Service PMI, both more than expectations and above 60, confirming the excellent rebound […]Read More

Commodities

Gold gained momentum; USD is losing again! 

Time to sell? By: Ahura Chalki Market analyst – IFC Markets The new week started again, lowering the Bonds Yields and USD, which again helped the Gold to keep rising, in the background of increasing the market risk, with new restrictions in New Delhi and some other parts of the globe. Earlier today, the yellow metal […]Read More

Commodities

Gold falls; how far can it go?

By: Ahura Chalki Market analyst – IFC Markets Gold down earlier in Asian season as USD is back on track with higher Treasury yields to 1.698.  On the other hand, the increasing hope of faster recovery and optimism on earning reports, lowering the demand for safe-havens.  While the FED’s published data increased the hopes on faster […]Read More

Commodities

Gold, VIX, and market expectations

By: Ahura Chalki Market analyst – IFC Markets Last week, Biden’s Infrastructure spending plan announced a few weeks after the $1.9 trillion stimuli. These packages will increase the market’s cash level by millions of dollars, and it can increase inflation if policymakers can’t manage it properly. Put that next to the recovery news and good progress […]Read More

Commodities

What about copper?

Ahura Chalki Market analyst – HotForex Changes always creating opportunities. One of the latest lessons from nature we learned is the importance of healthy life and green energy. The global transition to green energy, especially after the COVID-19 pandemic, sent the copper to its 11 years high, but how? When everyone was about cryptocurrencies and […]Read More

Commodities

XAUUSD, XAGUSD, and Copper Outlook This Week

By: Ady Phangestu Market Analyst – HotForex According to the CFTC Traders’ Commitments report for the week ended February 16, the Net Length gold futures contract dipped -16,438 to 234969 while the Net Length silver futures contract added +281 contracts to 49824. For PGM, Net Length Nymex platinum futures gained +377 contracts to 36 577 […]Read More