Trade Ideas

December 05, 2024

Gold Price Outlook Mired by Flattening Slope in 50-Day SMA

The price of gold may give back the advance from the November low ($2537) as it struggles to trade back above the 50-Day SMA ($2668).
David Song Gold Trade Ideas
December 05, 2024

Euro Technical Outlook: EUR/USD, EUR/JPY Pullbacks

While the headlines out of Europe have been largely negative, price action in the Euro hasn’t quite matched that pace. EUR/USD continues to push-higher while holding 1.0500 and EUR/JPY has pulled back from the early-week sell-off.
EUR EUR JPY EUR/USD Euro James Stanley Trade Ideas
December 04, 2024

Gold Price Forecast: XAU/USD Tempers Trump Sell-off

Gold prices are trading just 5% off the record high with the December range taking shape above uptrend support. Battle lines drawn on the XAU/USD weekly technical chart.
Gold Michael Boutros Technical analysis Trade Ideas XAU/USD
December 04, 2024

Gold Forecast: XAU/USD faces key test from US data

After falling a big 3% last Monday, gold has been trading in tight ranges since, holding mostly within that day’s range. In other words, it hasn’t fallen any further, although it has also made little upside progress.
Gold Precious metals Trade Ideas XAU/USD
December 02, 2024

Gold Goes for Recovery After Bitcoin, Trump-Fueled Pullbacks

Gold just finished its worst month in more than a year, and Bitcoin was a big beneficiary as anti-fiat flows drove into crypto-currencies following the Presidential election win of Donald Trump.
Gold James Stanley Trade Ideas Trump XAU/USD
November 28, 2024

Gold outlook: XAU/USD stabilises but this could be short-lived

Gold has found some relief from a weaker US dollar and lower yields in the last couple of days, but it could come under renewed pressure as the greenback’s weakness could be temporary, while easing Middle East tension owing to the ceasefire agreement point to lower haven demand.
Gold Precious metals Trade Ideas XAU/USD
November 27, 2024

Gold Price Forecast: Gold’s 9-Month Streak at Risk into Month-End

Last week was the strongest weekly outing for gold since the regional banking crisis in 2023; but gold’s nine-month streak of gains is at risk as the metal finally pulled back in November.
Gold James Stanley Trade Ideas XAU/USD