|Day's range||1,285.60 - 1,301.30|
大乐透开奖 www.pdv8.com Based on the early price action, the direction of the March E-mini Dow Jones Industrial Average the rest of the session is likely to be determined by trader reaction to the Fibonacci level at 25388.
Based on the early price action, the direction of the March E-mini S&P 500 Index on Friday is likely to be determined by trader reaction to the Fib level at 2733.75.
ADVISOR CENTER INVESTING A weak-dollar environment this year should boost gold, according to Jeff Gundlach. The DoubleLine CEO turned bullish on the precious metal in mid-2018, when it was at $1,196 an ounce (it’s currently at $1,285—up 7.
Gold markets pulled back a bit during the trading session on Thursday as the US dollar strengthened during the ECB press conference. However, we are at a major area of support and we have seen a bit of a bounce to confirm the interest in the yellow metal.
Based on the early price action, the direction of the April Comex gold market the rest of the session is likely to be determined by trader reaction to a long-term uptrending Gann angle at $1285.30.
Based on the early price action, the direction of the EUR/USD on Thursday is likely to be determined by trader reaction to the uptrending Gann angle at 1.1304 and the 50% level at 1.1327.
Driven by constant commitment to increasing low-cost production and growth investments, Southern Copper (SCCO) is well poised to continue delivering enhanced performance.
Today’s price action suggests that gold investors may be starting to price in the announcement of additional stimulus measures by the ECB. The degree of the reaction by traders the rest of the session will be determined by the size and the type of stimulus.
Overseas purchases advanced 5.5 percent to 70.7 tons last month from a year earlier, according to a person familiar with the data, who asked not to be named as the figures aren’t public. Buying and wearing of gold during weddings and festivals is seen as auspicious in the majority Hindu country. “Rural demand is on the rise thanks to higher crop support prices and more rural-friendly schemes by the government,” Gnanasekar Thiagarajan, director at Commtrendz Risk Management Services, said by phone from Coimbatore in southern India.
The S&P 500 tried to rally during the day on Wednesday but continues to run into quite a bit of resistance. While we have not broken down significantly, we haven’t exactly shown signs of strength either.
Gold markets went back and forth during the trading session on Wednesday, as we continue to try to stabilize at which should be a relatively decent support range.
The US dollar continues to grind sideways against the Japanese yen, as we have nowhere to be quite yet. Keep in mind that this pair tends to move right along with the S&P 500, so that makes quite a bit of sense as that market can’t really take off either.
Based on the early price action, the first downside target is the uptrending Gann angle at 2777.00. This is followed closely by the short-term 50% level at 2774.25. Counter-trend buyers could come in on a test of this area.
With the return of warmer temperatures, we’re looking for weakness to develop on a sustained move under $2.871. If the selling pressure increases then look for the selling to possibly extend into $2.812.
If there is a rally today then it will likely be fueled by position-squaring ahead of the jobs report. Uncertainty over U.S.-China trade relations could provide additional support. Furthermore, we may not see another prolonged rally in gold unless the trade deal blows up and both parties walk away from the negotiation table.
Asian stocks traded mixed this morning as investors adopted a ‘wait and see’ approach due to a lack of fresh catalysts. With much of the hope of a US-China trade deal priced in and the risks of a no-deal Brexit by March 29 heavily priced out, a new theme needs to be brought to the table.
Today we'll evaluate Torex Gold Resources Inc (TSE:TXG) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since thatRead More...
Today’s early strength shows that bullish speculators and weak shorts are responding to a new forecast calling for the cold trend to continue beyond mid-month.
Right now, the key trigger for the major currency pair, apart from other important things, is the trade agreement between the USA and China. Well, a possible agreement at least, because there the parties haven’t concluded the real one yet.
Gold is expected to remain under pressure on Tuesday with the long liquidation being driven by firming Treasury yields. The rise in yields is likely to underpin the U.S. Dollar, which should pressure foreign demand for dollar-denominated gold.