Following last week's significant 50-basis point rate cut by the Federal Reserve, gold futures are poised for a potential sell-off, especially since they have been trading in overbought territory....
Gold bulls are on edge despite rising hopes for a rate cut on September 18, 2024 - a date millions will be closely watching as the Fed announces its decision.
Analyzing recent movements in gold...
On analysis of the movements of the gold futures in different time frames, I find that the current rally could see a halt at this point, despite supportive fundamentals.Supportive fundaments favor...
Soft Producer Price Index inflation data on Tuesday extended hopes of traders who believe that the Federal Reserve will cut interest rates by 50 basis points in September as still, the majority...
On analysis of the movements of the Natural Gas futures in different time frames, The current formations in an hourly chart indicate a bumpy move awaits here, as the natural gas inventory...
On analysis of the movements of the gold in different time frames, I find that the gold bulls do not look aggressive at this point, as the bears have been in command for the last few trading...
On analyzing the gold futures in the daily chart, I find the exacerbated movements amid growing bullish sentiments for an interest-rate cut by the Fed in its June 2024 meeting.The Fed signaled that...
In my previous article, I set an upper limit for gold futures at $2227, with volatility peaking before last Wednesday and Thursday's FOMC meeting.On March 21, 2024, gold futures made a significant...
Since I explained the overbought territory could result in a selling spree in my last analysis on March 11, 2024, gold futures continue to slide amid volatile moves.As I pointed out the formation of a...
On analyzing spot gold and gold futures in the daily chart since December 4, 2023, I find futures, after hitting a new peak at $2203, have entered the overbought territory amid mere expectations for...