Positive Covid-19 vaccine news push Gold breakdown support lever $1,850
The breakdown of the support level of $1,850 has damaged the medium-term trend for gold, opening space for further correction....
Chief analyst at ActivTrades and technical analyst for Italian newspaper 'La Stampa'. Carlo Alberto provides regular commentary for UK outlets including the BBC, Telegraph, the Independent Bloomberg & Reuters. He is also a weekly commentator for CNBC Italy and a columnist for La Stampa. He worked for Bloomberg as their Equity Research Fundamental Analyst before joining brokerage ActivTrades in 2011 to specialize in currency markets and commodities. In 2014 he published a 250-pages book on gold and the gold market, followed in 2018 by a new updated edition.
The breakdown of the support level of $1,850 has damaged the medium-term trend for gold, opening space for further correction....
There are two main drivers behind the oil price rally of the last few weeks. The first and main one...
The extended period of risk-on finally hit gold with the price breaking the support level of $1,850 to plunge to...
Stocks started the week in green in the early trading. In this still “risk-on” scenario, the oil price is extending...
In the last few days, a stream of positive updates about vaccines has pulled up stocks. The general risk-on scenario...
In the last few days we have seen a general decline in volatility, which has also been reflected on gold...
Gold is steady with no clear direction. The price has been affected by the general risk-on scenario, which has boosted...
The general enthusiastic scenario is supportive of oil prices, which started the new week still in green. Markets are still...
Gold has not yet managed to recover after the $100 collapse which followed Pfizer’s vaccine announcement as investors moved to...
The good times for oil are continuing with risk-on is still dominating. There is widespread optimism on markets even if in...
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© 2019 High Leverage FX - All Rights Reserved.