|Day's range||1,327.70 - 1,334.20|
U.S. stock futures climbed Friday, building on gains in the prior session amid signs of an increased appetite for perceived riskier assets such as equities. Dow futures rose 160 points, or 0.7%, to 25,175, ...
Midway through the two-week competition, the Americans were on pace for their lowest medal count in 20 years, but a recent surge could lift them out of that slump. Entering competition Friday in Pyeongchang, ...
Based on the current price action, the direction of the gold market the rest of the session is likely to be determined by trader reaction to the intermediate Fib level at $1330.20.
Goldcorp (GG) has one of the strongest project pipelines in the industry. At Penasquito, the Pyrite Leach Project (or PLP) is 62% complete and expected to start commissioning in 4Q18, which is three months ahead of schedule. This project is expected to add ~1 million ounces of gold and 44 million ounces of silver over the current life of the mine.
A scheduled plan to launch a new cryptocurrency by forking the litecoin blockchain is finding little love from major data aggregators and exchanges.
Goldcorp’s (GG) produced 646,000 ounces of gold in 4Q17, a decline of 15% year-over-year (or YoY). Goldcorp’s full-year production came in at 2.6 million ounces, which is slightly higher than its guidance of 2.5 million ounces. Goldcorp has guided for production of 2.5 million ounces in 2018 with +/-5% variance, which is in line with its previous 2018 guidance as well as the guidance for 2017.
The Toronto-based company said it had a loss of 1 cent per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 4 cents per share. The results missed ...
JEONGSEON, South Korea (AP) — Mikaela Shiffrin already was assured of earning her third career medal, each in a different event, when Lindsey Vonn prepared to propel herself out of the starting gate as the final starter in the final race of her Olympic career.
Ethereum initially tried to rally during the trading session on Wednesday, but then found the level just above as being too resistive to continue going higher. The market looks as if it is trying to roll over, and it may have just failed at an uptrend line, signaling further weakness.
Based on the current price at $1331.40 (1800 GMT) and the earlier price action, the direction of the gold market the rest of the session is likely to be determined by trader reaction to $1330.20.
The SP500 has formed Adam and Adam double bottom pattern. Adam pattern is very similar to a W shaped reversal pattern except for the two related bullish spikes that distinguish the pattern from the W bullish. Point 1 and Point 3 form the basis while point 2 is a continuation point. The POC is formed within 2688-2700 zone and the price could spike from the zone towards 2727 (point 2). A 4h close above 2727 should target 2772 followed by 2808 on a further bullish momentum. Only below W L4 – 2662 the price might turn neutral again.SP500 Adam and Adam Double Bottom Pattern in Progress
Of all the places in the world to hold assets – one of the first, if not the first, to come to mind is Switzerland. Neutral, fairly isolated, rich, discreet, and conservative – it has long been the first choice for anyone wanting to secrete any kind of asset in the vaults beneath the streets of Zürich, Bern, and Basel.
For this, we will analyze the situation on Gold, EURUSD, and USDJPY. If it was all about Gold, the time to end the correction would be right now. XAUUSD is creating a hammer candlestick on the up trendline and the horizontal support on the 1324 USD/oz.
Forex may remain consolidated as investors anticipate the publication of the U.S Federal Reserve’s Meeting Minutes report later.
The Fed minutes, due to be released at 1900 GMT, are likely to exert the most influence on gold prices today. The minutes could have more impact than usual if they provide any insight on inflation and interest rates.
The U.S. Dollar closed higher against a basket of currencies on Tuesday, attempting pull away from three-year lows set last week as traders trimmed some of their bearish bets against the U.S. currency.
Based on the early price action, the direction of the crude oil market the rest of the session is likely to be determined by trader reaction to the steep uptrending Gann angle at $61.40.
Based on the early price action, the direction of the index today is likely to be determined by trader reaction to the downtrending Gann angle at 6791.25.
The company ended the year with cash and cash equivalents of $1.03 billion. This liquidity position is more significant, given that the company doesn’t have any debt maturity until 2021, which should help it invest in future development opportunities. In its 4Q17 earnings call, Kinross Gold’s management sounded upbeat about the company’s strong financial position.
Litecoin exponential rise during 2017 along with its unique qualities has attracted investors’ attention. Following Litecoin Litepay payment system launch, in this guide, we will bring the most updated methods to buy Litecoin.
Litecoin gained just 4.23% on Monday, with the Litecoin fork having a relatively muted impact on Litecoin, while Litecoin Cash rallied more than 400% on its first day of trading.
The U.S Dollar has been slightly stronger the past day. However, Monday was without full volume in forex.