News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.56% 🇨🇭CHF: 0.44% 🇨🇦CAD: 0.44% 🇯🇵JPY: -0.11% 🇦🇺AUD: -0.27% 🇳🇿NZD: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/A1GsRRTQgf
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: 0.70% Wall Street: 0.64% FTSE 100: 0.32% France 40: 0.18% Germany 30: -0.51% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/V0Dhx8n8ES
  • Heads Up:🇺🇸 Fed Quarles Speech due at 14:50 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-20
  • GBP/USD will likely continue to trade in a narrow range as the UK continues to argue that there is no point in resuming the post-Brexit trade talks with the EU. Get your $GBPUSD market update from @MartinSEssex here:https://t.co/zh4rKXXE0M https://t.co/SP9iZ6YHIM
  • $AUDCAD breakdown still running https://t.co/N6MrmrODwA https://t.co/vA4zjMBWr0
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 0.99% Gold: -0.14% Oil - US Crude: -0.59% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/M5wtVYrcP8
  • FTSE 100 - All 3 simple moving averages about to converge, add the 38.2% fib retracement and some ultra low vol (ATR)...this one's getting ready for a breakout...#ftse #ftse100 @DailyFX https://t.co/0A2QrBjISd
  • Nas 100 trying to find some balance at this zone of prior resistance $Nasdaq $Nas $QQQ https://t.co/vnrqmPsLmV
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.92% Gold: -0.11% Oil - US Crude: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/M5ma0zjZgs
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: US 500: 0.41% Wall Street: 0.36% FTSE 100: 0.27% France 40: 0.14% Germany 30: -0.71% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/pPXPHeHIah
Gold Focus is on January Low

Gold Focus is on January Low

2012-03-22 22:40:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_gold_body_gold.png, Gold Focus is on January Low

Prepared by Jamie Saettele, CMT

In general, the series of lower lows and lower highs since the 2/29 mini crash may be the beginning of a larger decline. The 20 day average crossed below the 50 yesterday and last Wednesday’s large range bar has finally been broken (to the downside). Look lower towards the January low (1600) as long as price is below 1670.

Bottom Line (next 5 days) – lower

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES