xauusd chart

Summary:

  • Gold prices are under pressure from a rallying US Dollar.
  • NGAS prices have dropped as expectations of cooling demand strengthened as the summer season approaches.
  • Inflationary pressures and re-imposed Chinese lockdowns vs Cotton prices

Read next: Brent Crude Oil Prices, Silver Prices Hit Lowest Price In Four Weeks, Corn Prices Rise Amid Supply Concerns 

XAUUSD prices falling in the wake of broad market sell-off

On Tuesday Gold futures are trading at around four-week lows after falling nearly 3% during Monday's trading session. Gold prices remain under pressure from a rallying US Dollar and Treasury yields as investors are bracing themselves for more aggressive monetary policy tightening from the Federal Reserve Bank. Aggressive interest rate hikes have also instilled fears of a recession in the US economy which drove further selling and forced liquidation across the financial markets, including with gold.

Gold (XAUUSD) Prices Are Falling, Expectations Of Cooling NGAS Demand, Cotton’s Demand Weakening - 1 XAUUSD Price Chart

Natural Gas demand falling as the summ

Considering Portfolios In Times Of, Among Others, Inflation...

XAUUSD, USDJPY And AUDJPY Are Mentioned In Jason Sen's Video Analysis

Jason Sen Jason Sen 18.01.2022 13:39
AUDJPY longs work if you are still holding them hitting target & only resistance for today at 8280/8300. Therefore a break above 8320 is a buy signal targeting 8365/75. A buying opportunity again at 8220/10. Stop below 8190. A break below 8190 is a sell signal targeting 8160/55, perhaps as far as 8100/8090. EURJPY straight through minor resistance at 130.60/70 to the next target of 130.95/99 with a test of trend line resistance at 131.20/30 now likely. Shorts need stops above 131.45. A break higher is a buy signal - try to jump in and hold long in to the end of the week. A buying opportunity again at 130.10/129.90 with stop below 129.80. EURUSD longs at the buying opportunity at 1.1400/1.1380 target strong resistance at 1.1455/65. This held quite well on the last test. Further gains are likely eventually towards 1.1500/10 & 1.1560/70 A buying opportunity at 1.1400/1.1380 - stop below 1.1365. If this trade fails, I fear we will remain stuck in a sideways trend. GBPUSD shorts at the 200 day moving average at 1.3735/40 worked in severely overbought conditions to test support at 1.3670/60. Further losses today meet strong support at 1.3620/00 with a good chance of a low for the day. Longs need stops below 1.3585. Next target & support at 1.3535/25. 200 day moving average resistance again at 1.3735/40 Shorts need stops above 1.3755 this week. A break higher is the next buy signal targeting 1.3780 & 1.3805/15. Expect some resistance at the October high at 1.3830/35. Emini S&P got close to a test of the neck line at 4590/80 on Friday but bounced from 4606. If tested this week, longs need stops below 4570. A break lower is a significant sell signal. Minor resistance at 4670/80 & again at 4695/4705. Further gains can retest last week's high of 4735/40. Next target is 4750/60. Above 4765 can retest the all time high at 4800/08. Nasdaq perhaps building a minor negative trend in January perhaps. Holding quite important resistance at 15700/750 is negative for today initially targeting 15550/500. If we continue lower look for 15350/320 before a retest of last week's low at 15170/150. Further losses test the 200 day moving average at 15000/14950. First resistance at 15700/750 - shorts need stops above 15800. A break higher targets more minor resistance at 16000/16100. A break above here is a buy signal & we could even retest the all time high. Emini Dow Jones I am waiting for a clear pattern of trend to develop. For now, minor resistance at 35800/850 tested as I write over night but if we continue higher look for a test of minor resistance at 36000/36050. Further gains can target 36300/350. Holding minor resistance at 35800/850 can target 35750/700 before a retest of this week's low at 35540/520. A break lower this week targets support at the 100 day moving average at 35350/330. To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk No representation or warranty is made as to the accuracy or completeness of this information and opinions expressed may be subject to change without notice. Estimates and projections set forth herein are based on assumptions that may not be correct or otherwise realised. All reports and information are designed for information purposes only and neither the information contained herein nor any opinion expressed is deemed to constitute an offer or invitation to make an offer, to buy or sell any security or any option, futures or other related derivatives.
Gold Chart And Silver Chart Look Quite Similar We Might Say...

Gold Chart And Silver Chart Look Quite Similar We Might Say...

Przemysław Radomski Przemysław Radomski 19.01.2022 15:10
  While the USD show is gaining applause, silver has decided to present its repertoire too. Was its rally just a magic trick or a good omen for gold? Bond yields soared once again, just as I’ve been expecting them to for many months now. The reaction in some markets was as expected (the USD Index soared), but in some, it was perplexing. Gold moved lower a little, miners declined a bit more, and silver… rallied. Who’s faking it? Well, perhaps nobody is. Let’s look at the yields’ movement first. The 10-year bond yields have just moved to new yearly highs and are also above their 2021 highs. This happened just after they moved back to their 50-week moving average (marked in blue). For a long time, I’ve been writing that the 2013 performance is likely to be repeated also in this market, and that’s exactly what is taking place right now. Bond yields are doing what they did back then. If history continues to rhyme, we can expect bond yields to rally further, the USD Index to gain, and we can predict gold at lower prices. Speaking of the USD Index, let’s take a look at what it did yesterday. It soared over 0.5 index points, which was the largest daily increase so far this year. This happened after the USD Index moved to a combination of powerful support levels: the rising medium-term support line and the late-2020 high. The tiny attempts to move below those levels were quickly invalidated, and the USD Index was likely to rally back up; and so it did. What’s next? The uptrend was not broken, so it’s likely to continue. In other words, the USD Index’s rally is likely to continue, and this, in turn, is likely to trigger declines across the precious metals sector. Gold didn’t react with a significant decline yesterday – just a moderate/small one – which some might view as bullish. I’d say that it’s rather neutral. The rally above the 2021 highs in bond yields might have come as a shock to many investors, and they might not have been sure how to react or what to make of it. It might also have been the “buy the rumor, sell the fact” type of reaction. Either way, it seems to me that we’ll have to wait a few days and see how it plays out once the dust settles. The volume that we saw yesterday was huge. After a period of relatively average volume, we saw this huge volume spike. I marked the previous cases with red arrows. In those cases, such volume accompanied gold’s sizable declines. This time, the volume spike accompanied a $4.10 decline, which might appear perplexing. Fortunately, gold is not the only market that we can analyze, and – as it’s often the case – context provides us with details that help to make sense of what really happened. Let’s check the key supplemental factor – silver’s price action. While gold declined a bit, silver soared over $0.5! The volume that accompanied this sizable daily upswing was the biggest that we’ve seen so far this year too. The latter provides additional confirmation of the importance of yesterday’s session. What was it that happened yesterday that was so important? Silver outperformed gold on a very short-term basis! This is profoundly important, because that’s what has been accompanying gold’s, silver’s, and mining stocks’ tops for many years. Knowing to pay attention to even small signs of silver’s outperformance is one of the useful gold trading tips, and the extent of the outperformance is what determines the importance of the signal (and its bearishness). The extent was huge yesterday, so the implications are very bearish. Yes, silver moved to new yearly highs as well, but silver is known for its fake breakouts (“fakeouts”), which usually happen without analogous moves in gold and mining stocks. Since neither gold nor miners moved to new yearly highs yesterday, it seems that silver “faked out” once again. Silver is up in today’s pre-market trading, and gold is up only slightly, but the latter is not even close to moving to new 2022 highs. The GDX ETF is actually down in today’s London trading (at the moment of writing these words). Speaking of mining stocks, let’s take a look at what happened in them yesterday. In short, they declined – by over 1%, which is about five times more than gold. Since silver outperformed gold, while gold miners underperformed it, the implications for the precious metals sector are bearish. Thank you for reading our free analysis today. Please note that the above is just a small fraction of today’s all-encompassing Gold & Silver Trading Alert. The latter includes multiple premium details such as the targets for gold and mining stocks that could be reached in the next few weeks. If you’d like to read those premium details, we have good news for you. As soon as you sign up for our free gold newsletter, you’ll get a free 7-day no-obligation trial access to our premium Gold & Silver Trading Alerts. It’s really free – sign up today. Przemyslaw Radomski, CFAFounder, Editor-in-chiefSunshine Profits: Effective Investment through Diligence & Care * * * * * All essays, research and information found above represent analyses and opinions of Przemyslaw Radomski, CFA and Sunshine Profits' associates only. As such, it may prove wrong and be subject to change without notice. Opinions and analyses are based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are deemed to be accurate, Przemyslaw Radomski, CFA and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Radomski is not a Registered Securities Advisor. By reading Przemyslaw Radomski's, CFA reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Przemyslaw Radomski, CFA, Sunshine Profits' employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.
USDJPY, XAUUSD And Standard And Poor 500 Recovering After Noticeable Fluctuations

USDJPY, XAUUSD And Standard And Poor 500 Recovering After Noticeable Fluctuations

John Benjamin John Benjamin 25.02.2022 09:04
USDJPY bounces off daily support The US dollar jumps as traders seek safe haven assets over the Russia-Ukraine conflict. The pair struggled for bids after it turned away from the double top (116.20) and has been grinding down a falling trend line. However, the daily support at 114.40 has proved to be a solid demand area by keeping February’s rebound intact. Strong momentum above the trend line and 115.20 forced sellers out of the game and would attract more purchasing power. A close above 116.20 would extend the rally towards 117.00 XAUUSD seeks support Gold whipsawed as markets await the Western response to the invasion of Ukraine. The rally accelerated after it broke above last June’s high at 1912. Momentum trading pushed the price to September 2020’s highs (1975) before reversing its course. 1880 is a fresh support after intraday buyers took profit. As sentiment shifts to the bullish side, the current pullback combined with a depressed RSI could trigger a bargain-hunting behavior. Renewed buying frenzy may send the metal to the psychological level of 2000. US 500 lacks support The S&P 500 weakens as investors fear spillover from the conflict in Ukraine. A break below the daily support at 4280 further put the bulls on the defensive. Last May’s lows, near 4040, are the next target as liquidation continues. The index may have entered the bear market as the sell-off could speed up in the coming weeks. On the daily chart, the RSI’s double-dip in the oversold area may offer a temporary relief. 4350 is the first hurdle ahead and the bears may look to fade any rebound amid soured sentiment.
Strong reversal should lead to another leg up

Strong reversal should lead to another leg up

Florian Grummes Florian Grummes 27.02.2022 20:32
Looking back, gold has been rising nearly US$225 since December 15th, 2021, and US$195 since 28th of January 2022. Especially the strong rally over the last four weeks caught many by surprise. But our price target of US$1,975 was hit exactly last Thursday, when all other markets plunged in anticipation of strong sanctions against Russia. Markets then strongly recovered on Friday on hopes of weak sanctions and a potential postponement of the rate hikes by the FED. Over the weekend, however, NATO and its partners announced SWIFT sanctions against Russia. Monday will therefore likely be another wild and volatile day in the markets. But “peak fear” has probably been reached last Thursday (at least for now). Give peace a chance ðŸ•Šï¸ÂðŸ‡·ðŸ‡ºðŸ•Šï¸ÂðŸ‡ºðŸ‡¦ðŸ•Šï¸Â Fundamentally, banning Russian banks from SWIFT payments will lead to Russia stop selling oil & natural gas. Russian oil represents about 9% of global output and there’s an energy shortage already. The result will be a global depression and more inflation at the same time. And that would be the best-case scenario, cause as quickly as things unfold, WWIII is no longer an unthinkable horror scenario. We can only hope that successful peace negotiations will take place as soon as possible. In these uncertain times, gold should remain supported. As geopolitical events unfold, another sharp spike higher is always possible. A direct transition back into the correction, which began in August 2020, is unlikely. It would rather take much more time (at least a few months), before gold could drift back towards significantly lower grounds. Our maximum downside remains at US$1,625 for the potential 8-year cycle low, due in 2023 or 2024. Gold in US-Dollar, weekly chart as of February 27th, 2022. Gold in US-Dollar, weekly chart as of February 27th, 2022. On its weekly chart, gold continues to be in an uptrend. The breakout above the downtrend line led to a sharp advance over the last two weeks. The stochastic oscillator still has a buy signal in place. And with the sharp reversal/pullback since reaching $1,975, gold did close the week right at its upper Bollinger Band (US$1,889). Since the upper Bollinger Band has been bent upwards, gold will now have more room to continue its rally to the upside over the coming two to four weeks. However, the stochastic oscillator is about to reach its overbought zone. Comparing its behavior to the last 16 months, we have to assume that gold will have a hard time nesting up in the overbought zone for long. Hence, corrective price action is on the horizon. Overall, the weekly chart is still bullish and points to another attack towards US$1,950 to US$1,975. Gold in US-Dollar, daily chart as of February 27th, 2022. Gold in US-Dollar, daily chart as of February 27th, 2022. The daily chart captures the sharp rally as well as the reversal and bloodbath in the gold market over last two days. So far, gold has given back nearly 50% of the rally since January 28th (from US$1,780 up to US$1,975 and then down to US$1,878). The stochastic oscillator has lost its embedded status and momentum is bearish now. Should gold want to correct further towards the 61.8%-retracement ($1,854), it will likely also test the former resistance and breakout level around US$1,840 to US$1,845. Such a pullback towards US$1,840 to US$1,855 has certain probability, but would also offer a very interesting long entry again. Since the short-term timeframes like the 1- and 4-hour charts are getting oversold, gold alternatively might find support between US$1,870 and US$1,880 over the next few days already. To summarize, the daily chart is currently bearish and patience is needed. But Gold I swell supported and should find support either between US$1,840 to US$1,855 or US$1,870 and US$1,880. Afterwards it should start another leg up. Conclusion: Strong reversal should lead to another leg up Last week’s price action was certainly not for the faint of heart. A daily gain of over +4% is extremely rare in the gold market and was immediately undone upon COMEX opening. The sharp reversal does not look too good, but it does not yet mean the end of the rally. Expect some more downside or at least sideways consolidation. Usually, such a sharp rally does not collapse immediately. Hence, once the bulls have sorted themselves, we expect another rise above US$1,900 with a minimum price target of US$1,950. An overshot towards US$2,000 is still possible, but now a bit less likely. Once this next attack will have failed, we assume the start of a corrective wave down somewhere in spring, which could last well into early to midsummer. Feel free to join us in our free Telegram channel for daily real time data and a great community. If you like to get regular updates on our gold model, precious metals and cryptocurrencies you can also subscribe to our free newsletter. Disclosure: Midas Touch Consulting and members of our team are invested in Reyna Gold Corp. These statements are intended to disclose any conflict of interest. They should not be misconstrued as a recommendation to purchase any share. This article and the content are for informational purposes only and do not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. The views, thoughts and opinions expressed here are the author’s alone. They do not necessarily reflect or represent the views and opinions of Midas Touch Consulting. By Florian Grummes|February 27th, 2022|Tags: Gold, Gold Analysis, Gold bullish, gold chartbook, Gold consolidation, gold fundamentals, Natural Gas, Oil, precious metals, Reyna Gold, US-Dollar|0 Comments About the Author: Florian Grummes Florian Grummes is an independent financial analyst, advisor, consultant, trader & investor as well as an international speaker with more than 20 years of experience in financial markets. He is specialized in precious metals, cryptocurrencies and technical analysis. He is publishing weekly gold, silver & cryptocurrency analysis for his numerous international readers. He is also running a large telegram Channel and a Crypto Signal Service. Florian is well known for combining technical, fundamental and sentiment analysis into one accurate conclusion about the markets. Since April 2019 he is chief editor of the cashkurs-gold newsletter focusing on gold and silver mining stocks. Besides all that, Florian is a music producer and composer. Since more than 25 years he has been professionally creating, writing & producing more than 300 songs. He is also running his own record label Cryon Music & Art Productions. His artist name is Florzinho.
S&P 500 Is Likely Recovering, Gold (XAUUSD), Copper And Crude Oil (WTI) Close To Out Of The Park Play

S&P 500 Is Likely Recovering, Gold (XAUUSD), Copper And Crude Oil (WTI) Close To Out Of The Park Play

Monica Kingsley Monica Kingsley 07.03.2022 15:47
S&P 500 recovered most of the intraday downside, and in spite of value driving the upswing, there is something odd about it. Tech barely moved higher during the day, and the heavyweights continue being beaten similarly to biotech compared to the rest of healthcare. The key oddity though was in the risk-off posture in bonds, and the Treasuries upswing that Nasdaq failed to get inspired with. If TLT has a message to drive home after the latest Powell pronouncements, it‘s that the odds of a 50bp rate hike in Mar (virtual certainty less than two weeks ago, went down considerably) – it‘s almost a coin toss now, and as the FOMC time approaches, the Fed would probably grow more cautious (read dovish and not hawkish) in its assessments, no matter the commodities appreciation or supply chains status. Yes, neither of these, nor inflation is going away before the year‘s end – they are here to stay for a long time to come. Looking at the events of late, I have to dial back the stock market outlook when it comes to the degree of appreciation till 2022 is over – I wouldn‘t be surprised to see the S&P 500 to retreat slightly vs. the Jan 2022 open. Yes, not even the better 2H 2022 prospects would erase the preceding setback. Which stocks would do best then? Here are my key 4 tips – energy, materials, in general value, and smallcaps. But the true winners of the stagflationary period is of course going to be commodities and precious metals. And that‘s where the bulk of recent gains that I brought you, were concentrated in. More is to come, and it‘s gold and silver that are catching real fire here. Let‘s move right into the charts (all courtesy of www.stockcharts.com). S&P 500 and Nasdaq Outlook S&P 500 setback was repelled on Friday, but I‘m looking for the subsequent upswing to fizzle out – we still have to go down in Mar, and that would be the low. Credit Markets HYG is clearly on the defensive, and TLT reassessing rate hike prospects. This doesn‘t bode well for the S&P 500 bulls. Gold, Silver and Miners Precious metals are doing great, and will likely continue rising no matter what the dollar does – my Friday‘s sentence is still fitting today. I‘m looking for further price gains – the upleg has been measured and orderly so far. Crude Oil Crude oil upswing still hasn‘t lost steam, and still can surprise on the upside. Slowdown in the pace of gains, or a sideways consolidation, would be the healthy move next. Jittery nerves can calm down a little today. Copper Copper isn‘t rising as fast as other base metals, which are one of the key engines of commodities appreciation. The run is respectable, and happening on quite healthy volume – if we don‘t see its meaningful consolidation soon, the red metal would be finally breaking out of its long range here. Bitcoin and Ethereum While I wasn‘t expecting miracles Friday or through the weekend, cryptos are stabilizing, and can extend very modest gains today and tomorrow. Summary S&P 500 is likely to rise next, only to crater lower still this month. It may even undershoot prior Thursday‘s lows, but I‘m not looking for that to happen. The sentiment is very negative already, the yield curve keeps compressing, commodities are rising relentlessly, and all we got is a great inflation excuse / smoke screen. Inflation is always a monetary phenomenon, and supply chain disruptions and other geopolitical events can and do exacerbate that. Just having a look at the rising dollar when rate hike prospects are getting dialed back, tells the full risk-off story of the moment, further highlighted by the powder keg that precious metals are. And silver isn‘t yet outperforming copper, which is something I am looking for to change as we go by. Thank you for having read today‘s free analysis, which is available in full at my homesite. There, you can subscribe to the free Monica‘s Insider Club, which features real-time trade calls and intraday updates for all the five publications: Stock Trading Signals, Gold Trading Signals, Oil Trading Signals, Copper Trading Signals and Bitcoin Trading Signals.
(XAUUSD) Gold Prices Remain Stable Despite Hawkish Fed, EU Regains Control Of Their NGAS Supplies, Cotton Futures Prices.

(XAUUSD) Gold Prices Remain Stable Despite Hawkish Fed, EU Regains Control Of Their NGAS Supplies, Cotton Futures Prices.

Rebecca Duthie Rebecca Duthie 10.05.2022 13:13
Summary: The EU refills their NGAS stockpiles, driving the price of NGAS Futures down. Cotton Prices falling despite concerns around supply. Gold Prices remain surprisingly stable despite interest rate hikes   Read next: Prices Of Brent Crude Oil And Silver Fall As The US Dollar Strengthening, Corn Prices Face Downward Price Pressure.    Natural Gas Futures Prices Drop Towards the end of last week the price of Natural Gas soared, however tumbled around 13% during the trading day on Monday as a change in output and expected demand occurred as a result of the changing weather forecast. In addition the EU gas pipes were reported to be filling as gas piles into the pipes from Russian Sources which caused EU prices to stabilise. The change in the price is likely to continue in the short term thanks to the fundamental factors mentioned above, however with the EU’s recent oil embargo, whether or not this downward trend will continue is unlikely. It is also important to note that the stock market experienced a sour trading day on monday, causing prices across all markets to fall. NGAS Jun ‘22 Futures Price Chart Cotton futures tank. Cotton futures saw a price dip during last week's trading week and earlier this week, however, prices seemed to have gained slightly on Tuesday. The price fall on Monday followed the trend of the wider global market which experienced a sour trading day on Monday. Prices are still soaring at high levels, due to the concerns around supply without wavering demand, and the possibility of an export ban by India is causing unrest around the commodity. Cotton Jul ‘22 Futures Price Chart Gold Futures remaining surprisingly stable (XAUUSD) Along with the rest of the global market, the price of gold dropped during the trading day on Monday. In addition the price of gold has been declining over the past days, this comes as the Fed grows more hawkish in their fight against inflation. The decline is not as sharp as market participants expected, this could be because investors are hedging their bets as the market awaits the U.S CPI report due on Wednesday. XAUUSD Jun ‘22 Futures Price Chart   Read next: (XAUUSD) Gold, Coffee and Crude Oil - Commodities Facing Price Trouble Over the Past Month    Sources: Finance.yahoo.com, asia.nikkei.com
Stock Market Showing Signs Of Slight Recovery Amidst U.S CPI Report Release

Stock Market Showing Signs Of Slight Recovery Amidst U.S CPI Report Release

Rebecca Duthie Rebecca Duthie 11.05.2022 18:05
Summary: S&P 500 has seen 0.72% growth today. The value of (XAUUSD) gold has shown bullish signals in the market today. Read next: Tech Stocks Plunging!? Trade Desk Earnings Announcement Pushes Tech Giant Stock Down, Russian Ruble Strengthening and Ford Motor Co.  S&P 500 is rising during trading today The U.S CPI report which offered an update on price increases across U.S for April was released by the U.S labour department on Wednesday. The report reflected there was some deceleration of inflation figures compared to March, however, the rate of price increases exceeded analyst expectations. The CPI for April decelerated marginally compared to the March figures. The figures represent how far the Fed will have to go in the future regarding tightening monetary policy to fight the rising prices. S&P 500 Price Chart Will Gold rally in the wake of the CPI report? Gold futures have increased in value today, the initial increase came before the CPI report was released by the U.S labor department, and the increase has continued after the release. The lower than expected CPI figures bode well in the favour of the gold prices as uncertainty arises amongst investors on the Fed's next move. With volatility in the stock markets likely to continue, perhaps investors are trying to hedge their bets, driving the price of gold upwards. Gold Futures Jun’22 Read next: (BTC) Bitcoin’s Price Tanks Along With Equities. U.S. Stock Market Awaits CPI Report, Poor Performance From The FTSE 100.  Sources: Finance.yahoo.com
FXStreet’s Dhwani Mehta Opinion About Gold Movements

(XAUUSD) Gold Prices Rise In The Wake Of Concerns Around U.S Economic Slowdown, Crude Oil Prices Rally In Response To Increasing Demand And Concerns Around Supply, Cotton Prices

Rebecca Duthie Rebecca Duthie 20.05.2022 17:01
Summary: The post-covid world and the war in the Ukraine caused Crude Oil to rally. Gold futures are on the rise amidst concerns around economic slowdown of the US economy. Cotton prices fall marginally despite concerns around increasing demand and tightening supply. Read next: The UN Is Stepping In To Help Wheat Exports, Platinum Prices Experiencing Volatility and The West Turns To Asia For RBOB Gasoline Supply  XAUUSD Gold prices rally Gold prices pushed up past $1.830 on Friday, the gain comes in the wake of the softening U.S economic data amid the hawkish Federal Reserve and its continuing aggressive monetary policy. The soft economic data has raised concerns around economic growth. The hawkish Fed will continue to hike interest rates despite fears of economic slowdown which is causing the US Dollar to weaken and pushing treasury yields lower. Investors are turning to gold as a hedge against the growth concerns, ultimately driving the gold price up. Gold Jun ‘22 Futures Price Chart WTI Crude Futures Crude Oil Futures pushed above $112 on Friday amidst concerns around demands returning to a normal level as China eases their COVID-19 lockdowns and the embargo in Russian oil looming simultaneously occurring as fears of economic slowdown heighten. The post-covid world is seeing average driving mileage increasing in the U.S causing an increase in demand, as well as the EU pushing the ban on Russian oil to be certain by the end of the month. Crude Oil Jun ‘22 Futures Price Chart Cotton futures Cotton futures prices have faced downward momentum over the past week. However, the prices are still high, the raised prices come in the wake of rising demand and tightening supplies. Cotton Jul ‘22 Futures Price Chart Read next: More Expensive Coffee!? Weather Conditions In South America Can Limit Crops. (WTI) Crude Oil Price Recovering, Palladium Prices Rise Amidst Concerns Around Supply  Sources: tradingeconomics.com, finance.yahoo.com
Commodities: Prices Are Rising, Heatwaves In US And China Affects The Production Of Cotton

XAUUSD Prices Rise As Investors Turn To Safer Assets, Cotton Prices, NGAS Prices Still Rising As Concerns Around Supply Continue

Rebecca Duthie Rebecca Duthie 24.05.2022 11:29
Summary: Gold prices rose the past week in the wake of a weakening US Dollar. Concerns around cotton supply persist. NGAS prices are still rising as concerns around supply persist Read next: Demand For Brent Crude Oil Rises, Silver Prices Rise, Improved Corn Crop Eases Supply Concerns  Gold (XAAUSD) prices on the rise The US Dollar had a softer start to the week amidst concerns around a slowing economy and the possibility of a recession. On Tuesday U.S benchmark yields rose as equities rallied. Investors seem to be seeking safer investments such as gold as the market awaits the Fed Chairs comments on key economic data, such as, PCI and first quarter GDP. Therefore, the price of gold is rising. XAUUSD Jun ‘22 Futures Price Chart Cotton futures prices Cotton prices dropped from their 11 year peak of $158 in early may. There are still concerns around supply as the droughts in Texas continue and global protected supply numbers are also falling, whilst demand is remaining stable in the post-covid world. Cotton Jul ‘22 Futures Price Chart Increased demand for NGAS is pushing up the price There is a higher international and domestic demand for Natural gas, which is driving the price of the NGAS futures up. The world is experiencing an energy shortage in the wake of Russia’s war on Ukraine. However, higher production and exports (especially in the US) should help limit the upward price momentum going forward. NGAS Jun ‘22 Futures Price Chart Read next: ECB Offering The Euro Support (EUR/USD), Strengthening Of The Renminbi Supporting The EUR and GBP, SNB Turns Hawkish (EUR/CHF) - Good Morning Fore  Sources: finance.yahoo.com, tradingeconomics.com
The Gold Rally Is Continuing To Stall, This Could Be A Good Year For Crude Oil

(XAUUSD) Gold Prices Rose For Second Consecutive Week, Concerns Around Crude Oil Supply Continues To Drive Price, Soybean Prices Rising

Rebecca Duthie Rebecca Duthie 27.05.2022 11:30
Summary: The potential for a dovish Fed later on in the year leaves investors seeking safety in gold. The EU is still trying to reach an agreement for the banning of Russian Crude. Tight Soybean supplies. Read next: Easing Concerns Around Supply Drives The Price Of Both Wheat And Platinum Down, RBOB Gasoline Continues To Rise   XAUUSD futures rise Gold rose further on Friday as it hit its second consecutive weekly gain, the strength in Gold comes in the wake of a weakening US Dollar. The chances of the Federal Reserve Bank easing monetary policy later on in the year has left investors seeking gold as a hedge against future inflation, driving the price of gold up. XAUUSD Jun ‘22 Futures Price Chart Crude Oil prices continue to rise amidst supply concerns The price of Crude Oil traded above $114 per barrel on Friday. The past week for Crude has seen prices consistently rising amidst concerns over global supply. On Wednesday the EIA released data indicating that the US Crude inventories were lower than expected due to rising exports. In addition the EU is trying to negotiate with Hungary on the implementation of an oil embargo on Russia, with EU Council Charles Michel remaining confident that an agreement can be reached by May 30th. Crude Oil Jul ‘22 Futures Price Chart Soybean Futures rising Soybeans are facing a tight supply run at the moment, export demand is rising causing the price of soybeans to trade high. As the oil embargo in Indonesia is lited, a certain amount of soybean volume will be added to the domestic market. Soybean Jul ‘22 Futures Price Chart Read next: Potential Frost Causing Concerns Around Coffee Supplies, Crude Oil Demand Is Expected To Rise, Palladium Price Falls Amidst Easing Concerns Around Supply And Demand  Sources: tradingeconomics.com, finance.yahoo.com
Commodities: Prices Are Rising, Heatwaves In US And China Affects The Production Of Cotton

XAUUSD Prices Fall As The US Dollar Rebounds, Inflationary Pressures Driving Cotton Demand Down, NGAS Price Rising

Rebecca Duthie Rebecca Duthie 31.05.2022 12:29
Summary: The US Dollar’s rebound and stronger treasury yields have caused the price of gold to fall. Cotton prices are falling due to decreasing demand and improved supplies. NGAS on the rise again. Read next: Some EU Governments Are Still In Favour Of Banning Russian Brent Crude Oil, Investors Turning To Silver As Demand For Safe-Haven Assets Rise, Corn Prices Fall Amidst Easing Supply   XAUUSD price coming down off its recent recovery Gold prices began to rise late last week and on Monday, however, on Tuesday Gold prices fell in the wake of the US Dollar rebounding and stronger US Treasury yields. Gold has recovered some of the losses it faced earlier on in May due to the surging US Dollar. Concerns around a global recession and the chance of the Fed slowing or even stopping tightening monetary policy later on in the year has offered the precious metal some support. Gold Aug ‘22 Futures Price Chart Cotton prices falling due to lessening supply concerns Cotton prices are trading around 10% less than their May high, this is due to the prospect of higher supplies thanks to favourable weather in the largest growing regions. More than half of the crop had been planted by May 22nd and was ahead of schedule by this time, therefore offering hope for solid yields. In conjunction, demand for cotton seems to be weakening amidst inflationary pressures. Cotton Jul’22 Futures Price Chart Natural Gas Futures prices Natural Gas prices continue to rise, reaching closer to the peak hit last week. The near 14 year high for Natural Gas came with increased demand and concerns around supply, the price fluctuations are due to decreased demand as the weather changes, robust demand and slow output. NGAS Jul ‘22 Futures Price Chart Read next: Strong Investor Sentiment Toward The Euro Continues (EUR/USD), EUR/GBP Currency Pair, As China Ease Lockdowns The AUD Outlook Seems Positive (GBP/AUD, AUD/USD)  Sources: tradingeconomics.com, finance.yahoo.com
(XAUUSD) Gold Should Be Bullish, NGAS Reaches Highest Price Since August 2008, Cotton Crop Planting Is Ahead Of Schedule

(XAUUSD) Gold Should Be Bullish, NGAS Reaches Highest Price Since August 2008, Cotton Crop Planting Is Ahead Of Schedule

Rebecca Duthie Rebecca Duthie 07.06.2022 13:41
Summary: Gold prices rising amidst market uncertainty. Natural gas futures rose to their highest price since August 2008. Demand for cotton is softening due to inflationary pressures and rising prices. Read next: Saudi Arabia Hike Brent Crude Oil Prices, Demand For Safe-haven Assets Is Supporting Silver Prices, Corn Prices At 8 Week Low  XAUUSD expected to rise Gold prices rose during early trading on Tuesday, this rally is expected to last as projections of an economic slowdown pave the way for higher gold prices. A strong mix of talks of a global recession, decades-high inflation and geopolitical tensions should increase the demand for gold due to its safe-haven properties. The rise in gold comes after two days of declining prices thanks to a stronger US Dollar and rising treasury yields. XAUUSD Price Chart Natural Gas facing declining production On Tuesday Natural gas futures rose to their highest price since August 2008, this comes in the wake of higher international demand and declining production. As the northern hemisphere goes into summer, the need for cooling has strengthened which has been a driver for rising prices in the short term. On a global scale, the war in the Ukraine has caused a global energy shortage. The European Union is calling on the U.S to increase their exports to Europe to help lessen the region's reliance on Russian gas. NGAS Jul ‘22 Futures Price Chart Demand for Cotton softens Cotton prices have fallen amidst hopes of higher supplies due to favourable weather conditions in the top growing regions. Cotton crop planting is ahead of schedule giving hope around strengthening yields. In addition, it seems that demand for cotton is softening due to inflationary pressures and rising prices. Cotton Oct ‘22 Futures Price Chart Sources: finance.yahoo.com, tradingeconomics.com
Coffee: Brazil And Columbia Are Reducing The Production

(XAUUSD) Gold Prices Falling In The Run-Up To US Inflation Data Release, NGAS Prices Fall But Remain Elevated, Coffee Prices

Rebecca Duthie Rebecca Duthie 10.06.2022 11:12
Summary: US inflation data should offer the market guidance on the Federal Reserve's interest rate hike timeline. Natural gas futures prices dropped on Thursday as investors reacted positively to information from the EIA. Coffee futures prices remain supported by limited supplies and general real strength. Read next: Concerns Around Increasing Demand and Tightening Supply For Platinum, RBOB Gasoline, West Is Unlikely To Ease Sanctions On Russia Causing Wheat Supply Concerns Persist  (XAUUSD) Gold prices falling as US Dollar strengthens Gold futures prices eased on Friday in the wake of a strengthening US Dollar and rising Treasury yields weighed on the safe-havens appeal in the run-up to the release of US inflation data that should offer the market guidance on the Federal Reserve's interest rate hike timeline. The Fed is set to implement two more 50 basis point interest rate hikes at both its June and July meetings, following a move similar to the one in May, which has recently put pressure on gold. Meanwhile, global economic outlook risks that have arisen from the war in the Ukraine, persisting supply chain disruptions, high commodity prices and rising borrowing costs are all factors that are offering gold prices support. XAUUSD Aug ‘22 Futures Price Chart NGAS futures supported by rising demand and tight supplies Natural gas futures prices dropped on Thursday as investors reacted positively to information from the EIA showing that the natural gas storage is built primarily in line with expectations. NGAS prices faced heavy pressure earlier in the trading week after an explosion at the Freeport oil and gas export terminal in Texas, which is set to leave fuel supplies stranded in the domestic market despite the soaring international demand. Still, NGAS prices remained high this week amidst record demand for power in Texas, a fall in output and an intense rally for NGAS as Russia’s war on Ukraine sends energy markets scrambling. NGAS Jul ‘22 Futures Price Chart Coffee is supported by general real strength Coffee futures prices remain supported by limited supplies and general real strength. Coffee dealers indicated that the market remains well supported by a limited flow from both Central America and Brazil, with Brazil, who is the top harvester and grower, lagging their historical average. Coffee Sep ‘22 Futures Price Chart Sources: finance.yahoo.com, tradingecnomics.com  
Declines At The Close Of The New York Stock Exchange, The Drop Leaders Were Nike Inc Shares

Gold (XAUUSD) Prices Are Falling, Expectations Of Cooling NGAS Demand, Cotton’s Demand Weakening

Rebecca Duthie Rebecca Duthie 14.06.2022 11:32
Summary: Gold prices are under pressure from a rallying US Dollar. NGAS prices have dropped as expectations of cooling demand strengthened as the summer season approaches. Inflationary pressures and re-imposed Chinese lockdowns vs Cotton prices Read next: Brent Crude Oil Prices, Silver Prices Hit Lowest Price In Four Weeks, Corn Prices Rise Amid Supply Concerns  XAUUSD prices falling in the wake of broad market sell-off On Tuesday Gold futures are trading at around four-week lows after falling nearly 3% during Monday's trading session. Gold prices remain under pressure from a rallying US Dollar and Treasury yields as investors are bracing themselves for more aggressive monetary policy tightening from the Federal Reserve Bank. Aggressive interest rate hikes have also instilled fears of a recession in the US economy which drove further selling and forced liquidation across the financial markets, including with gold. XAUUSD Price Chart Natural Gas demand falling as the summer season approaches Natural gas prices dropped in the past two trading sessions in the wake of investors' expectations of cooling demand strengthened as the summer season approaches. In addition, a recent explosion at a major Texas LNG terminal has made room for more natural gas to enter the market, due to the facility being offline for at least another 3 weeks. The extra supply in the market could bridge the gap between the current inventory levels and the 5-year average, which has been one of the driving forces behind the quarters natural gas rally. NGAS Futures Price Chart Demand weakening for Cotton Cotton futures prices are trading near 2-month lows due to expectations of higher supply and weaker demand. Cotton demand is expected to decrease due to inflationary pressures and the largest consumer, China re-imposes covid-19 lockdowns. Cotton Futures Price Chart Sources: finance.yahoo.com, tradingeconomics.com

currency calculator

Komentarze rynkowe

JingRen
A Breakthrough! Japanese Yen (JPY) Helped By Data, Australian Dollar (AUD) Went Up Post Retail Sales Print
Jing Ren
KamilaSzypuła
ECB Will Continue To Hike Rates To Slow Inflation?
Kamila Szypuła
RebeccaDuthie
Euro To US Dollar Index Falls - Touching Levels Not Seen In 20 Years
Rebecca Duthie
KamilaSzypuła
Interest Rates Hiked. The Most Important Indicators Continue Their Downward Trend
Kamila Szypuła
RebeccaDuthie
Russia Suspends Flow Through The Nord Stream 1 Pipeline, Cotton Futures, Gold Prices Increase For The First Time In 3-weeks
Rebecca Duthie
AlexKuptsikevich
How Have BTC And ETH Performed Recently? Cryptocurrencies: Market Cap Increased Slightly, Telekom And Telefonica "Flirting" With Digital Assets
Alex Kuptsikevich
InstaForexAnalysis
This Week USD May Be Fluctuating! Euro To US Dollar - Technical Analysis And More - 10/10/22
InstaForex Analysis
INGEconomics
US Stocks: S&P 500 And Nasdaq Decreased Slightly Yesterday Losing 0.33% And 0.09% Respectively
ING Economics
AlexKuptsikevich
According to Bloomberg's survey Bitcoin may be trading between $17.6K and $25K
Alex Kuptsikevich
KamilaSzypuła
The Australian Dollar Failed To Hold Its Gains, The Pound Strengthened Against The US Dollar
Kamila Szypuła
KamilaSzypuła
BMW Was Fined 30,000 Pounds By CMA, Google Wants To Become More Productive
Kamila Szypuła
AlexKuptsikevich
Until FOMC meeting on December 14th, there could be no other catalyst for markets
Alex Kuptsikevich
AleksStrzesniewski
What’s more worrisome is the fact that we will continue to learn of all of the contagion and aftereffects of the FTX collapse in the coming weeks and months.
Aleks Strzesniewski
JingRen
Euro: 50bp rate hike is on the cards, but ECB decides shortly after Fed...
Jing Ren
AleksandrDavidov
Given the peculiarities of the US labor market and the high labor mobility, the acceptable unemployment rate is considered to be 5.0%
Aleksandr Davidov
AleksandrDavidov
From the fundamental point of view, these facts may become a game changer, sending the EUR/USD pair to the parity level
Aleksandr Davidov
FranklinTempleton
According to Franklin Templeton global stocks' performance may be better than global bonds
Franklin Templeton
INGEconomics
Did you know that in October average gas price was 4.3 times higher than in 2019?
ING Economics
IpekOzkardeskaya
Fed Chair Powell bears in mind inflation prints, but they seem to be insufficient for FOMC
Ipek Ozkardeskaya
IntertraderMarket News
Tesla (TSLA) sank a further 2.58% after Goldman Sachs lowered its price target on the stock
Intertrader Market News
CraigErlam
European Central Bank is expected to go for a less hawkish hike, but economic projections may be worth even more attention
Craig Erlam
AlexKuptsikevich
Switzerland: National Bank goes for a 50bps rate hike. Swiss inflation slowdown is impressing
Alex Kuptsikevich
INGEconomics
Analysts expect ECB to deliver two 50bps hikes in the first quarter with a chance of one more in Q2
ING Economics
INGEconomics
Sterling to euro exchange rate is expected to hit 0.89 in the first quarter of 2023
ING Economics
Crypto.comAccelerate the...
There is a chance Apple may let users install apps from outside the App Store boosting NFT
Crypto.com Accelerate the...
CraigErlam
Craig Erlam talks euro against US dollar amid central banks decisions
Craig Erlam
IntertraderMarket News
Netflix (NFLX) slumped 8.63%, as a media report said the video streaming firm is refunding advertisers after missing views targets
Intertrader Market News
GecoOne
Geco.one COO says Bitcoin reaching $250K in 2023 is considered as impossible by other analysts as BTC does not exceed $60,000
Geco One
EnriqueDíaz-Álvarez
Bank of England decision wasn't unanimous as one member voted for a 75bp hike with two other opting for inaction
Enrique Díaz-Álvarez
INGEconomics
Indonesia is the world's 6th largest bauxite producer. Country bans commodity export from June 2023
ING Economics
InstaForexAnalysis
Gold supported by, among others, changes on Japanese bond market, may end the year trading at a 4-month high
InstaForex Analysis
DanielKostecki
China reopens, Texas freezes - crude oil has to face contrasting factors
Daniel Kostecki
IntertraderMarket News
European stocks closed mixed. The DAX 40 fell 0.50%, the CAC 40 declined 0.61%, while the FTSE 100 rose 0.32%
Intertrader Market News
IpekOzkardeskaya
China's reopening seems to be a double-edged sword as energy and commodities prices will go up
Ipek Ozkardeskaya
INGEconomics
Auto production and general machinery increased significantly. South Korea Industrial Production as a whole gained 0.4%
ING Economics