GC=F - Gold Dec 19
| Pre. Settlement | N/A |
| Settlement date | 2019-12-27 |
| Open | 1,506.80 |
| Bid | 1,523.80 |
| Last price | 1,506.20 |
| Day's range | 1,505.30 - 1,524.50 |
| Volume | 272,313 |
| Ask | 1,524.40 |
- FX Empire
Gold Price Futures (GC) Technical Analysis – Trend Down, but Momentum Shifts to Upside
Holding above the downtrending Gann angle at $1518.20 will indicate that buyers are coming in ahead of the close. This could trigger a late session rally into a 50% level at $1528.50, followed by a Fibonacci level at $1537.40 and a downtrending Gann angle at $1542.20.
- FX Empire
Natural Gas Price Prediction – Prices Close Unchanged but Momentum has Turned Negative
Storms continue to linger
- FX Empire
Gold Price Prediction – Prices Rise as Chinese Delegation Skips Farm Trip to Montana
Trade issue buoy gold prices
- FX Empire
Gold Weekly Price Forecast – Gold markets continue to look for support
Gold markets initially fell during the week but have found a bit of support at the crucial $1500 level yet again. At this point, the question is are we going to roll over, or are we entering consolidation?
- FX Empire
Crude Oil Price Forecast – Crude oil markets continue to grind
Crude oil markets continue to grind sideways as the markets have yet to fill the gap from the Monday panic. With that being the case, the market is very likely to continue going lower given enough time, but obviously there some fighting to do.
- FX Empire
Gold Price Forecast – Gold market continues to grind sideways overall
The gold market continues to grind sideways in general, as we have found quite a bit of support just below. Ultimately, this is a market that continues to find buyers on these dips, as we continue to see Gold levitate. That of course is a very positive sign.
- FX Empire
EUR/USD Weekly Price Forecast – Euro breaks down for the week to test big figure
The Euro broke down a bit during the week, to reach towards the 1.10 EUR level, an area that would make quite a bit of psychological importance to traders around the world. However, the overall downtrend should continue, although it is very choppy.
- FX Empire
AUD/USD Weekly Price Forecast – Australian dollar breaks down for the week
The Australian dollar initially tried to rally during the week, but then broke down significantly as we continue to see a lot of concerns when it comes to the US/China trade situation and of course global growth in general which Australia is highly sensitive to.
- FX Empire
USD/JPY Price Forecast – US dollar drift lower
The US dollar drifted a little bit lower during the trading session against the Japanese yen on Friday, as the market looks a bit exhausted at this point. Beyond that though, a parabolic market does need to pull back.
- FX Empire
GBP/USD Price Forecast – British pound rolls over
The British pound initially tried to rally during the trading session on Friday but gave back quite a bit of the gains and now seems to be ready to show signs of exhaustion and perhaps finally roll over for a longer-term move.
- FX Empire
GBP/JPY Price Forecast – British pound drifts lower at resistance
The British pound initially tried to rally but fell against the Japanese yen. The ¥135 level has caused a significant amount of resistance, and with the technical confluence in this area, it’s likely that the market will run into a significant amount of trouble.
- FX Empire
EUR/USD Price Forecast – Euro fails to hang onto gains
The Euro initially tried to rally during the Friday session but continues to see plenty of selling pressure above, and it looks as if the EUR/USD pair is trying to break down rather significantly. Longer-term, this is a market that should continue to favor the downside in general.
- FX Empire
AUD/USD Price Forecast – Aussie dollar continues to struggle
The Australian dollar initially tried to rally during the trading session on Friday, but then struggled above the 0.68 level. By doing so, the market turned right back around to form a very bearish looking candle stick.
- FX Empire
GBPUSD May Exceed 1.31 By The End Of The Year
During September, the British pound is struggling to get out of the pit where it fell on the fear of no-deal Brexit. This decline sent GBPUSD in August and early September to levels that had not been consistently achieved since 1985. However, it also probably attracted the interest of speculators who consider the current historically low levels as an excellent opportunity to buy over-sold British currency.
- Investing.com
NewsBreak: Gold Prices Rise as Caution Reins Ahead of Weekend
Investing.com -- Gold prices rose on Friday as investors drew in their horns at the end of a week that has ultimately done little to give the market any real sense of direction.
- Simply Wall St.
Do Institutions Own California Gold Mining Inc. (CNSX:CGM) Shares?
Every investor in California Gold Mining Inc. (CNSX:CGM) should be aware of the most powerful shareholder groups...
- Financial Times
Swiss gold exports to UK hit seven-year high in August
Swiss gold exports to the UK reached their highest levels in seven years last month, driven by strong investor demand for gold-backed exchange traded funds and a slowdown in demand for the metal in India and China. Exports of gold from Swiss refineries to the UK rose by 24 per cent in August to 112.5 tonnes, according to Swiss customs data, making up 64 per cent of total Swiss gold exports for the month. Inflows into gold-backed ETFs hit their highest levels since 2013 last month, as investors look for a hedge against a global economic slowdown and the prospects of a no-deal Brexit.
- FX Empire
EUR/USD Daily Forecast – Euro Continues to Range Below Resistance
EUR/USD made another attempt at a critical resistance area in early trading on Friday but sellers jumped in to hold the pair within a range.
- FX Empire
Quadruple Witching Day Ahead: Heavy Traffic Expected
Another flat day for US equities as the S&P; 500 Index closed little changed, as investors searched but failed to find a decent incentive to buy suggesting investors remain mildly disappointed by the latest round of central bank policy.
- FX Empire
NZD/USD Forex Technical Analysis – Main Trend Down; .6269 Next Target
The main trend is down according to the daily swing chart. A trade through .6269 will signal a resumption of the downtrend. The main trend will change to up on a move through .6445.
- Coindesk
What the Holy Land Reveals About Bitcoin
Israel's political backdrop gave attendees of Tel Aviv Blockchain Week an opportunity to ponder the duality of today's bitcoin movement.
- Investing.com
Gold Prices Rise, Recover from Losses After Fed’s Decisions
Investing.com - Gold prices rose on Friday in Asia, recovering from losses suffered in the previous session following the conclusion of the U.S. Federal Reserve’s latest policy meeting.
- FX Empire
Gold Price Prediction – Prices Consolidate and Remain Range bound; Geopolitical Risks Remain
The risks are for more geopolitics which could buoy gold
- FX Empire
S&P 500 Price Forecast – Stock markets continue to reach for highs
The S&P; 500 initially pulled back during the trading session on Thursday but found enough support underneath to rally yet again. This is a market that is probably banking on the Federal Reserve saving it.
- FX Empire
Silver Price Forecast – Silver markets continue to hold trend line
Silver markets fell a bit during the trading session on Thursday but continue to find support at the same trend line that has kept them up the entirety of the summer.
