Gold Price Hitting New 6 Year High But Will It Continue? - June 26, 2019 11:29

Gold prices have been on a fantastic run higher for the last 4 weeks after a breakout of the early 2019 range. The breakout came with the speculation that the Federal Reserve may begin to lower interest rates after a period of hikes. Whilst no rate cut has yet been implemented there are many commentators […]

Gold Prices – Have We Hit The Resistance? - January 15, 2019 11:23

The strength of Gold prices has remained high over the last 10 days since reaching the resistance at just under $1300. If you look left on a daily chart, you can see this was the area that clearly broke down in June 2018. Gold is fighting against higher prices here, a true battle of bulls […]

Gold and Silver Prices Continue to Creep Higher - December 18, 2018 12:08

Gold and Silver prices continued to push towards their recent highs yesterday, aided by the US Dollar which began to slide further away from the 2018 highs. Gold has been on a run lately, after breaking through the 1230 resistance area following the end of November Non-Farm Payroll report. Currently the gains in Gold and […]

Is Crude Oil Set to Bounce After a Month of Falls? - November 5, 2018 11:17

It’s fair to say that Crude oil and Brent oil prices were under serious pressure for the whole of October. Brent oil retraced around 18% from the high of the 4th October, which helped fuel a wider market sell off. Brent is now trading around the levels of July and August 2018, which held firm […]

Gold Price at 12 Month Lows with Non Farm Payrolls to Land - August 3, 2018 10:57

After several negative weeks and months Gold prices are sitting at their lowest point in over a year. The Federal Reserve opted to hold rates on Wednesday which seen Gold sell off further and approach this very important level of $1200. The US Dollar remains strong, as it has since early April this year, whilst […]

Gold Prices Jump On Further Rate Increase and Forward Guidance - March 22, 2018 10:19

Gold prices jumped $30 from the lows after the FOMC rate increase of 25 basis points. Along with what was a largely expected rate hike, the Fed hinted that rate increases may continue in a steep upward curve over the next few years. Alongside the hike came comments that the Fed intended to sound hawkish […]

Gold Stuck In Rut – For How Long? - March 17, 2018 1:11

The first quarter of 2018 has given very little excitement to those who trade Gold. Prices have been range bound in a tight area around the highs of the early 2016 rally. There’s some resistance up here, and it seems like the price is waiting for a catalyst to decide what happens next. It’s entirely […]

Opec Trying To Put Some Support Into Oil Prices - May 23, 2017 10:11

This week began in much the same fashion as they left last week with Oil prices rising. Expectation of a cut in output from OPEC, which could extend into 2018, pushed Crude Oil higher on the futures exchanges. In early trade UK on Tuesday, Brent Oil had fallen back from it’s high, but still remains […]

Gold Prices and Why There’s Nobody Buying - May 8, 2017 10:41

At the back end of last week Gold prices slid to levels not seen since mid March, all-in-all it was Gold’s worst performing week of 2017 so far. The recent strength of the US Dollar put pressure on Gold as expectations of a rate rise grow. The US Fed gave indication that planned rate rises […]