$1700 target for gold
After breaking to 6-year highs, bullion’s long-term breakout remains strong and a minimum price objective of $1700 is now in place, according to Robin Griffiths and Ron William at RWA Market Advisory.
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S&P: Bearish side of neutral
The S&P 500 remains range-bound and will likely fall back towards key support at 2824.25, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Little relief for GBPUSD
GBPUSD’s recovery may already be coming to an end, according to David Sneddon and his team at Credit Suisse in London.
Signal alert for Copper
Copper is near to triggering a MACD buy signal, according to James Dima, technical analyst at Marex Spectron.
Bullish Gold
With gold having risen to six-year highs, Ron William, from RW Advisory, explains what is going on with the precious metal.
Inverted US curve signals downside for stocks
In the latest Global Markets Report from Robert Colby Asset Management, they highlight that the recently inverted US yield curve not only historically signals a forthcoming recession, but also a falling stock market in anticipation of a recession.
Gold targets $1700
Following completion of a multi-year base in June, Gold is heading towards its measured target at $1700/05, according to David Sneddon and his team at Credit Suisse in London.
Bitcoin targets all time high
Bitcoin looks poised for a retest of its all time high, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
US yields going higher
US 10-year yields are likely to move back up towards resistance at 2.0352, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
Bearish reversal for FTSE
FTSE’s breakdown below key support levels suggests an intermediate-term shift to bearish has occurred, says Steve Miley, CEO of Market Chartist.