Daily analysis of Gold for April 17, 2018

Overview Gold price is trading with a slight bearish bias, affected by stochastic negativity, but the EMA50 is still providing positive support for the price as long as the price is above 1,335.40. So, our bullish trend expectations will remain active, waiting for testing 1,365.97 as an initial station. Let me remind you that breaching […]

Daily analysis of Silver for April 17, 2018

Overview Silver price is still trading sideways, confined between 16.15 support and 16.80 resistance. Thus, no change is expected in our sideways outlook on the intraday basis until the price manages to breach one of the mentioned levels, followed by detecting the next destination clearly. The details of the expected targets after the breach are […]

Global macro overview for 17/04/2018

The last 24 hours did not bring the continuation of geopolitical tensions regarding weekend rocket attacks on Syria, so for markets, it meant a green light to return to optimistic trade. In the meantime, the Twitter account of US President Donald Trump did not remain silent. Trump dismissed the news that Russia and China are […]