International Business Times

XAU/USD Technical Commentaries

FOREX Analysis: Australian Speculative Traders at Record Long Position

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying.

By Jamie Saettele | Dec 11, 2012 | DailyFX

Gold (XAU/USD): Pivot Point Signal 10.12.2012

Buy at 1702,50 Stop Loss at 1697,50 Take Profit at 1707,50

By Roger Baettig | Dec 10, 2012 | IBTimes

US Dollar Trend Followers Flip to Short after Decline

The COT Index is the difference between net speculative positioning and net commercial positioning measured.

By Jamie Saettele | Oct 09, 2012 | DailyFX

Gold Traders Appear to have Priced in Additional QE

The following table includes the correlation between gold and the most popular currency pairs over various timeframes. A value close to +1 indicates a strong positive relationship between gold and the pair, while a value close to -1 indicates a strong negative relationship.

By Gary Kerdus | Aug 28, 2012 | DailyFX

Euro and Australian Dollar Positioning are Extremely Stretched

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying.

By Jamie Saettele | Jun 06, 2012 | DailyFX

AUDUSD Nears Trendline, USDCAD Support Closer to 9900

IN GENERAL - Work down from larger degrees of trend. Markets (crude, copper, equities especially small caps, and commodity FX) are on the way down after forming multiyear topping patterns. Many of these topping patterns take the form of head and shoulders tops. Strength should be sold.

By Jamie Saettele | May 12, 2012 | DailyFX

FUNDAMENTAL UPDATE: What to do when the markets aren't trending?

In recent months trading some of the major pairs has been a frustrating business. For those of who love to trade trends and breakouts they have been fairly non-existent, especially for EURUSD and GBPUSD.

By Kathleen Brooks | Mar 14, 2012 | Forex.com

Gold Respects Channel Support; Trading Toward 1800

Since breaking the declining trendline seen in the daily chart, gold (XAU/USD) has rallied to the first target/resistance level near 1760

By Fan Yang, CMT | Feb 08, 2012 | FX Times

Gold Long Term Objective Near 1700

Gold has soared to a new high and focus is on the long term (multiyear) trendline, which is at 1675 this week. The line increases about 5 dollars a week. Former resistance at 1574.30 and 1559.30 is now support. A traditional measuring technique reveals an objective at 1693.

By Jamie Saettele | Jul 16, 2011 | DailyFX

Gold 1559.30 Defines the Trend

Gold has reversed sharply but a bearish outcome remains possible as long as price is below 1559.30. It is worth considering a count in which the rally from 1463. The implications are for a drop to at least 1463.50 over the next few weeks. The decline from 1559.

By Jamie Saettele | Jul 09, 2011 | DailyFX

Gold Looks Poised to Test Recent Highs

Until gold breaks one way or the other, there is very little to say about the metal - "It remains possible that the rally in gold is corrective but price has exceeded the 61.8% retracement so respect potential for one more high to complete the 5 wave advance from the January low. A 5 wave decline from 1555 is required in order to suggest that the larger trend is down.

By Jamie Saettele | Jun 21, 2011 | DailyFX

Gold Surges – Focus Still Higher

It remains possible that the rally in gold is corrective but price has exceeded the 61.8% retracement and extended from its 20 day average so respect potential for one more high to complete the 5 wave advance from the January low. A 5 wave decline from 1555 is required in order to suggest that the larger trend is down.

By Jamie Saettele | Jun 16, 2011 | DailyFX

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