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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Category: Gold Reports & Analysis

Gold Reports & Analysis
Richard Perry

Gold in wait and see mode ahead of crucial fundamental events

Trading outlook: After failing in their move to breakout above the October high, the gold bulls have been dragged back to be nullified once more. As the market lacks conviction ahead of some crucial fundamental events in the coming days, the near term outlook seems to be a waiting game.

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Gold Reports & Analysis
Richard Perry

Gold rally at a crucial stage as USD strength begins to weigh again

Trading outlook: The gold bulls are battling to maintain the improving outlook that has built up over the past couple of weeks. Renewing dollar strength in the past couple of sessions should still be an opportunity to buy gold, however, this is a testing time for the renewed positive outlook.

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Gold Reports & Analysis
Richard Perry

Gold tentative at a crossroads as dollar bulls begin to crack

Trading outlook: The bulls have made a tentative move into the key resistance band $1902/$1926. A weakening US dollar will help to build this momentum, but for now, this remains a market at a crossroads. Technicals are teetering on the brink and it is likely that the next moves on

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Gold Reports & Analysis
Richard Perry

Gold in the balance as US politicians discuss fiscal support

Trading outlook: The outlook is on a knife edge as a rally towards old overhead supply between $1902/$1926 has begun to consolidate. Dollar moves remain crucial to the near term direction for gold. Uncertainty over the progress over US fiscal support is generating consolidation on gold. Bull failure around $1902

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Gold Reports & Analysis
Richard Perry

Gold begins to rebound, but is the support sustainable?

Trading outlook: After a short consolidation gold has picked up. However, is this a sustainable recovery? There is plenty of overhead supply to prevent the gold recovery from continuing. We still look to dollar moves to be the main driver of gold, so with broad market sentiment sitting at a

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Gold Reports & Analysis
Richard Perry

Gold remains under pressure as dollar rally continues

Trading outlook: The dollar rally has rocked the positioning for the gold bulls. A key technical breakdown sends gold corrective for a retreat towards at least $1818/$1835. Gold is not acting as a safe haven right now and given the strengthening negative correlation with the dollar, selling pressure seems set

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Gold Reports & Analysis
Richard Perry

Gold consolidation continues as the dollar loses direction again

Trading outlook: With the dollar rebound faltering already, the near term selling pressure on gold has once more dissipated and the neutral outlook has taken hold again. Ultimately we continue to favour upside pressure on resistance and buying into weakness, however, for now the outlook is increasingly rangebound.    

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