CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% 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. 65% 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: Reports & Analysis

Gold Reports & Analysis
Richard Perry

Gold still falling, but is selling pressure beginning to abate?

Trading outlook: The support that is forming between $1450/$1465 is crucial for the potential of a recovery. Rallies are still being treated as a chance to sell, but we continue to eye the prospect of a recovery on a move above $1519. For now though, given the market uncertainty, caution

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Gold Reports & Analysis
Richard Perry

Are there finally the early signs of support forming on gold?

Trading outlook: The selling pressure has finally begun to reduce, even if the price has fallen back again today. We eye the prospect of a recovery on a move above $1519 but for now the uncertainty suggests caution. Fundamentals/Newsflow As things stand, gold is not acting as a safe haven.

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Gold Reports & Analysis
Richard Perry

As the dust settles on the gold sell-off the fundamentals remain strong

Trading outlook: As the dust settles from another margin call sell-off, can gold once more begin to recover? We believe that this sell-off will be a good opportunity to buy once more, but confirmation signals of renewed recovery are important. Fundamentals/Newsflow Our fears of a margin call related sell-off on

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Gold Reports & Analysis
Richard Perry

Gold picks up once more, but near term correction still threatens

Trading outlook: With a degree of near term profit-taking setting in, the 23.6% Fibonacci retracement has become a key gauge. We continue to see near term weakness within the 3 month uptrend as a chance to buy. Fundamentals/Newsflow Gold is running once more with strengthening correlation to moves on US

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Gold Reports & Analysis
Richard Perry

Gold bulls on a run again as multi-year highs are eyed

Trading outlook: Gold is breaking higher again and is now eyeing the $1688 spike high and beyond. We remain bullish of gold medium-term and see any weakness as a chance to buy. Fundamentals/Newsflow With renewed fear and volatility escalating over the impact of Coronavirus on the US, bond yields are

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Gold Reports & Analysis
Richard Perry

Consolidation on gold setting in but the outlook remains positive

Trading outlook: After recent volatility, the market is settling down ahead of payrolls. Whilst we cannot rule out further volatility, we see near term weakness as a chance to buy for a continued medium-term positive outlook.     Fundamentals/Newsflow We continue to see the succession of major central banks panicking

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Gold Reports & Analysis
Richard Perry

Gold holding on to renewed gains following Fed rate cut

Trading outlook: Spiking back higher the volatility continues, but we continue to see gold being supported. Once near term volatility begins to settle, we expect gold to remain with a positive medium term outlook. We use the opportunity of buying into weakness.   Fundamentals/Newsflow Gold has shot higher again in

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Gold Reports & Analysis
Richard Perry

Gold settling down once more, but a rally is yet to resume

Trading outlook: The market is beginning to steady once more, but still has an uncertain near term outlook. We continue to favour medium term long positions and looking beyond near term volatility, believe that this weakness will be a good buying opportunity.   Fundamentals/Newsflow Dovish central banks (RBA first to

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Gold Reports & Analysis
Richard Perry

Gold begins to form support again as Coronavirus fears grow

Trading outlook: Support has formed on gold and the recent profit-taking has settled down. We are near term neutral whilst a trading-range has formed in the past 48 hours. However, we retain a positive medium-term bias, using weakness as a chance to buy for the next breakout.   Fundamentals/Newsflow We

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Gold Reports & Analysis
Richard Perry

Gold finding support once more as profit-taking quickly subsides

Trading outlook: Our caution with the bull run was well-founded as near term profit-taking has set in. We see this as just an unwind of the bull run and once more will be a source of the next opportunity to buy. Fundamentals/Newsflow We still see a strong negative correlation between

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Gold Reports & Analysis
Richard Perry

Profit-taking begins to hit gold, but how far will it fall?

Trading outlook: Our caution with the bull run was well-founded as near term profit-taking has set in. We see this as just an unwind of the bull run and once more will be a source of the next opportunity to buy.     Fundamentals/Newsflow We continue to see gold reacting

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Gold Reports & Analysis
Richard Perry

Gold continues to soar higher, we remain bullish but cautious

Trading outlook: The bulls are running hard and this is a strong move we are happy to ride. However, we are also cautious of exhaustion signals as extreme moves can also be subjected to extreme retracements.   Support $1657 – intraday low, 24th February $1649 – gap support – 21st

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Gold Reports & Analysis
Richard Perry

Gold breaking higher as the bulls go on a run

Trading outlook: We are increasingly bullish on gold now as the breakout comes with strengthening momentum. The move comes with upside potential and a breakout above $1611 would be another key move. Support levels are strengthening and near term weakness is a chance to buy.   Support $1591 – 3rd

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