GOLD DIRECTIONS

While there is still substantial bullish sentiment in the gold market, analysts are recommending investors taking a more cautious stance next week as prices are caught in the middle of a near-term trading range.

According to many analysts, gold’s short-term technical is stuck in neutral territory; prices can just as easily fall to $1,300 an ounce, as they could rise back to test resistance at $1,360 an ounce.  April gold futures last traded at $1.331.50 an ounce, down almost 2% from the previous week. The selloff comes after the yellow metal rallied more than 3% last week, its best percentage gain in almost two years.

It’s not just gold that is suffering; silver prices were also dragged lower, last trading at $16.55 an ounce, down almost 1% since last week. The market continues to struggle as prices are unable to break above key resistance at $17 an ounce.

Analysts said that gold’s correction after the failed breakout above $1,360 is not a significant surprise. But the question to answer now: does the market have further to correct before it pushes higher? Read More @ http://www.kitco.com/news/2018-02-23/Kitco-News-Weekly-Outlook-Where-Are-Gold-Prices-Heading-Flip-A-Coin-Analysts.html

TECHNICAL CHARTS

OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in a generation, according to Saudi Arabia’s oil minister. With the market moving toward equilibrium and bloated inventories shrinking, the next step for global producers will be to phase out the reductions, Khalid Al-Falih told reporters in New Delhi on Saturday. The nations taking part in the supply curbs are currently studying what a crude re-balancing will entail, and will announce their next steps once that’s analyzed, he said. The production curbs may be eased “sometime in 2019, but we don’t know when and we don’t know how,” Al-Falih said. “What we know is that it’s going to be done in a way that it will not in any way disturb the balance and undo the hard work since 2016.” Read More @ https://www.bloomberg.com//news/articles/2018-02-24/saudis-see-oil-output-cuts-easing-in-2019-without-hurting-market

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary

23 Comments
  1. stornobrzinol 6 months ago

    I genuinely treasure your work, Great post.

  2. I like this weblog very much, Its a rattling nice post to read and incur information.

  3. when web hosting 3 months ago

    Hello, after reading this awesome paragraph i am too cheerful to share my familiarity here with friends.

  4. bitly.com 3 months ago

    Hi, I wish for to subscribe for this web site
    to take latest updates, so where can i do it please assist.

  5. http://bitly.com 3 months ago

    The other day, while I was at work, my cousin stole my iphone and tested to see if
    it can survive a 30 foot drop, just so she can be a youtube sensation. My apple
    ipad is now destroyed and she has 83 views.
    I know this is completely off topic but I had to share it
    with someone!

  6. scoliosis surgery or 3 months ago

    I have been browsing on-line more than three hours these days, but I by no means discovered any interesting article like yours.
    It is pretty worth enough for me. In my opinion,
    if all webmasters and bloggers made good content as you probably did, the web will be much more helpful
    than ever before.

  7. j.mp 3 months ago

    It’s going to be finish of mine day, but before ending I am
    reading this wonderful piece of writing to increase my experience.

  8. asmr are 3 months ago

    obviously like your web-site however you need to check the spelling on several of your posts.

    Many of them are rife with spelling issues and I find it very bothersome to inform the reality on the
    other hand I will certainly come back again.

  9. bit.ly 3 months ago

    Thanks for the marvelous posting! I genuinely enjoyed reading it, you could be a great author.
    I will always bookmark your blog and will eventually come back later in life.
    I want to encourage you continue your great work, have a nice evening!

  10. their asmr 3 months ago

    bookmarked!!, I like your website!

  11. scoliosis surgery it 3 months ago

    This is my first time pay a visit at here and i am genuinely pleassant to
    read all at alone place.

  12. Yes! Finally something about a. cheap flights http://1704milesapart.tumblr.com/ cheap flights

  13. this quest bars 3 months ago

    Pretty component of content. I simply stumbled
    upon your weblog and in accession capital to say that I acquire actually enjoyed account your weblog posts.

    Anyway I will be subscribing for your feeds or even I fulfillment you get right of entry to consistently quickly.

    quest bars http://j.mp/3C2tkMR quest bars

  14. app.gumroad.com 3 months ago

    Good post. I learn something new and challenging
    on websites I stumbleupon on a daily basis.
    It will always be useful to read through content from other writers and practice something from their websites.
    asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

  15. Write more, thats all I have to say. Literally, it seems as
    though you relied on the video to make your point.
    You obviously know what youre talking about, why throw away your intelligence on just posting videos to your site when you could be giving us something enlightening to read?
    scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

  16. bitly.com 3 months ago

    WOW just what I was searching for. Came here by searching for
    in scoliosis surgery https://0401mm.tumblr.com/ scoliosis
    surgery

  17. www.iherb.com 3 months ago

    I know this website offers quality based content and
    additional data, is there any other web
    page which provides these things in quality? quest bars
    https://www.iherb.com/search?kw=quest%20bars quest bars

  18. Hi there! I just wanted to ask if you ever have any trouble with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no data backup. Do you have any methods to stop hackers?

  19. bit.ly 2 months ago

    Hi, this weekend is good in support of me, since this moment i am reading this wonderful educational paragraph here
    at my home. https://parttimejobshiredin30minutes.wildapricot.org/ part time jobs hired in 30 minutes

  20. ps4 games of 1 month ago

    An impressive share! I’ve just forwarded this onto a friend who has been doing a little
    homework on this. And he in fact ordered me lunch due to
    the fact that I found it for him… lol. So allow me to reword
    this…. Thank YOU for the meal!! But yeah, thanx for spending time to talk about this matter here on your web
    page.

  21. ps4 games with 1 month ago

    Hey There. I found your blog the use of msn. This is a very neatly written article.
    I will make sure to bookmark it and come back to read extra of your helpful information. Thank you for the post.
    I’ll definitely return.

  22. asmr is 2 weeks ago

    You could definitely see your expertise within the article you write.
    The world hopes for more passionate writers like you who are
    not afraid to say how they believe. All the time follow your heart.

  23. asmr for 10 hours ago

    Hello! I just wanted to ask if you ever have any trouble with hackers?
    My last blog (wordpress) was hacked and I ended up losing several weeks of hard
    work due to no back up. Do you have any solutions to
    stop hackers?

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?