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  1. FXTMPartners hosts successful seminar in Ho Chi Minh City On the 19th and 20th of May, a magnificent number of traders and investors gathered at the Vissai Saigon Hotel in Vietnam’s capital, to discover the secrets of FX guru Andreas Thalassinos’ Ultimate Trading Formula. The two-day seminar opened with an engaging presentation from Huan Tran, and FX trainer Jeffrey Gi gave fascinating insights into a trading strategy. Then, Andreas Thalassinos took to the stage and wowed audiences with his infamous Ultimate Trading Formula. With turnout exceeding all expectations, the near 200 attendees were spellbound as they absorbed key insights into topics including the ingredients for possible success, how to ‘ride’ the trend, risk management principals, and much, much more. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  2. The Ultimate Trading Formula reaches Tanzania FXTM was delighted to bring our Ultimate Trading Formula forex educational series to Dar es Salaam for the first time. The turnout exceeded all expectations! We kicked off the highly successful events with a one-day seminar on Saturday, the 5th of May at the Mlimani City Conference Centre. Our charismatic Head of Education Andreas Thalassinos addressed a packed audience of over 500 traders of all experience levels. Attendees were treated to valuable insights from an FX master on a vast array of important trading topics, including risk-management techniques, the Fibonacci Retracement indicator, high-probability entry and exit points – and much more! Three lucky winners also walked away with fantastic, high-tech prizes, including an iPad and a Samsung Galaxy S6. Next came our three-day advanced workshop on the 7th, 8th and 9th of May, held at CITL in the Tanzanite Tower. Participants relished the opportunity to go into more detail on the world of technical analysis, with interactive sessions on Tops and Bottoms Identification, Reversal Patterns and Entry Confirmation Signals. We’d like to thank everyone who came to our events in Dar es Salaam and helped make them such a resounding success! To find out more about other forex education opportunities coming soon to your area, please visit out our seminars page. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  3. Webinars with Lukman Otunuga, FXTM Research Analyst Take an in-depth look at what’s in store for the global and local markets with FXTM’s Research Analyst, Lukman Otunuga. Get the latest on the biggest market developments, how they could potentially impact trading instruments and a look at what major events are in store the week ahead. 21th May at @ 09:30 +01:00 (GMT) Get insights on: - Growing optimism over global economy - Appreciating commodity prices - Hawkish sentiment across major central banks - Geopolitical tensions and political risk bubbling in the background - Cryptocurrencies remaining in the spotlight About Lukman Otunuga, FXTM Research Analyst: Lukman Otunuga has been a Research Analyst at FXTM since 2015. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in fundamental and technical analysis. His in-depth analysis on global currency and commodity markets is often cited by leading international media, including the Associated Press (AP), BBC, CNBC, CNN, Marketwatch, NASDAQ, and The Telegraph. He has also appeared on Africa’s biggest television network, NTA 2. Lukman holds a BSc (hons) degree in Economics from the University of Essex, UK and an MSc in Finance from London School of Business and Finance. To Participate in the Webinar: - If you are new to FXTM, use the form on this page to Register - If you already have a MyFXTM account, use the form on this page to Login - After logging in or registering, click “Join” to participate in the Webinar of your choice. - Check your email inbox for the webinar link. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  4. Daily Fundamental ForexTime ( FXTM ) AUD struggles in market enviroment The Australian dollar got some positive news for a change as it faced off against the USD and won a round for the bulls after a month of bearish pressure. This has been positive on the fact that the Australian economy in the employment sector has performed better than most expected with Australian employment coming in at 22.6K ( 20K exp) and the unemployment rate lifting to 5.6% (5.5% prev) on the charts as a result. For now the Australian dollar continues to find itself under pressure, with the labour market being the only strong point. Despite all of this the Reserve Bank of Australia continues to look for positives for the future, with inflation being a key compontent for any future rate rises. The AUDUSD continues to climb high, but only on the back of weaker currencies as of late. The AUDUSD failed to make it through resistance at 0.7506 as traders are quite bearish above that level of pace that the AUDUSD continues to go through. Traders will be looking ot see if the market can indeed pressure here and breakthrough, but in reality it could be another bearish test followed by further pressure on 0.7472. I would expect in the long run that we could potentially see an extension to 0.7371 on the charts if the USD strength continues to be a mainstay for the market. All in all the AUDUSD finds itself in a unique position and I would expect to see further bearish pressure unless anything radical comes about in the markets. The other key mover has been EURUSD which has struggled to find its feet under immense pressure from the USD but also weakness in Europe surronding Iran and Italy. The market has been looking for strong words from the EU and how much the Italian goverement changes will influence the EU, but so far it has shown little promise of anything radical in the way of changes. Despite all of this the EURUSD is always a favourite for traders and has slid down the charts reflecting USD strength. If we do see futher politiacl pressure we could see the EUR drop further against all major pairs. One of the key areas has been support has been 1.1760 which has so far defending againt any and all bearish movements lower on the charts. It's unlikely this key level will hold in the long run and we could see further slippage down into the low 1.10 levels if the USD strengthening continues. I would expect that any movements higher are likely to find strong resisstance at 1.1825 on the charts as this level has come under pressure in the past. More Info Here
  5. Announcing exclusive Ramadan rewards As part of our mission to provide clients with a superior trading experience, FXTM is delighted to announce a brand-new deposit rewards programme. To celebrate Ramadan, we’re giving traders an incredible $1000 when they make a minimum deposit of $5000! Simply register with FXTM or log in to your MyFXTM account, read & accept the T&Cs and make a deposit between 17/05/18 and 20/06/18 to take advantage of this exclusive opportunity. This promotion is only available to residents of GCC countries. If you would like to take part but do not live in the GCC, please contact your dedicated Account Service Manager or get in touch with Customer Support. Don’t miss out on this chance to celebrate with FXTM and earn a fantastic payout. Happy Ramadan Kareem to all! Terms and conditions apply. Want to take part in FXTM’s amazing promotions and competitions? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  6. 100% Reimbursement on all Deposit Fees FXTM is delighted to announce some important changes to our reimbursement scheme. From May 1st, FXTM clients will receive 100% reimbursement on all deposit fees! These changes are part of our commitment to providing clients with a truly superior trading service. If you have any questions regarding the above change, please don’t hesitate to contact our dedicated Customer Support Team. Happy trading! Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  7. Webinars with Lukman Otunuga, FXTM Research Analyst Take an in-depth look at what’s in store for the global and local markets with FXTM’s Research Analyst, Lukman Otunuga. Get the latest on the biggest market developments, how they could potentially impact trading instruments and a look at what major events are in store the week ahead. 14th May at @ 09:30 +01:00 (GMT) Get insights on: - Growing optimism over global economy - Appreciating commodity prices - Hawkish sentiment across major central banks - Geopolitical tensions and political risk bubbling in the background - Cryptocurrencies remaining in the spotlight About Lukman Otunuga, FXTM Research Analyst: Lukman Otunuga has been a Research Analyst at FXTM since 2015. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in fundamental and technical analysis. His in-depth analysis on global currency and commodity markets is often cited by leading international media, including the Associated Press (AP), BBC, CNBC, CNN, Marketwatch, NASDAQ, and The Telegraph. He has also appeared on Africa’s biggest television network, NTA 2. Lukman holds a BSc (hons) degree in Economics from the University of Essex, UK and an MSc in Finance from London School of Business and Finance. To Participate in the Webinar: - If you are new to FXTM, use the form on this page to Register - If you already have a MyFXTM account, use the form on this page to Login - After logging in or registering, click “Join” to participate in the Webinar of your choice. - Check your email inbox for the webinar link. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  8. Jameel Ahmad Returns to South Africa for Another Fruitful Media Tour FXTM’s Global Head of Currency Strategy and Market Research Jameel Ahmad travelled to South Africa last month for another triumphant media tour. Over his time in the country, his expert market insights were sought by South African media giants including Business Day TV, CGTN Business, eNCA and SABC TV, as well as popular radio stations such as Metro FM, Classic FM and SAfm. Mr. Ahmad’s unparalleled market knowledge was broadcast to over 10 million viewers in 9 different countries across southern Africa, in a series of fascinating one-on-one interviews. These engaging discussions covered a wide range of financial current affairs, focusing on global economic growth and ongoing geopolitical tensions, amongst others. Key topics discussed during the tour included: - Global markets – the positive trend in global growth in the opening quarter of 2018 - US global relations – the geopolitical tension resulting from the US-China, US-Russia, US-North Korea, US-Iran relations - The South African Rand – the recent weakening of the rand and revised growth outlooks in the face of structural issues - USD – the move in US treasury yields and the federal reserve interest rate expectations - The European economy – the European Central Bank’s monetary policy message and EU interest rates Watch the interviews in full below*: Business Day TV https://youtu.be/lpbKw_BDubw eNCA https://youtu.be/Fya9QMAT5Ss SABC TV https://youtu.be/m99-Pj2jTVE * All material presented has been approved by the Company's Key Individual in accordance to FSB guidelines. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  9. Daily Fundamental ForexTime ( FXTM ) GBP and AUD continue to struggle The pound has come under increased pressure over the last few weeks, as the so called Brexit continue to fail to come to any sort of conclusions at all for markets. Certainly there is a case for leaving the EU, however no politicians can come to any sort of agreement on it. Further to the downside has been UK retail sales m/m coming in at -4.2% (-0.75% exp), which is much worse than anyone expected, and a figure not seen since 1995 when records began. It's clear that off the back of this traders will be looking to offset losses and clear balance sheets. Looking at the GBPUSD it's clear to see that that the daily char reflects a number of key points, the first being that Brexit continues to be a major topic and that the initial positivity of a quick solution has quickly failed. Further to this economic data continues to be a mixed bag as can be seen from the retail sales figures above, which will put further pressures on UK businesses. For me the defining technical movement is of course resistance at 1.3575 holding up very strongly to any pressure at present and preventing anything but bearish movements from happening. The market as a result is looking increasingly like it may look to move lower to support at 1.3314 if the bearish pressure continues in the short term. However, a push down here may provoke a very strong bearish pressure. The Australian dollar can get no breaks as of late, as it continued its bearish run against the USD even further today. This comes as no surprise as the trend has been quite bearish, but also retail sales m/m came in at 0% (0.2% exp), showing that the consumer sector is weaker than expected. While not largely off the market it continue to show that the Reserve Bank of Australia will struggle to lift rates in the near future if the status quo continues. Looking at the AUDUSD on the charts it's clear to see the bearish trend that has been in effect for the last month and looks set to continue in these circumstances. The AUDUSD has cracked through support at 0.7472 and is now looking lower on the charts in the face of bearish pressure, to the potential support level at 0.7371 as the bears look to target lower lows. In the event we do see any bullish pressure in the market expect 0.7472 to be the key area that will either allow the bulls to take control or reaffirm the bearish trend in this market, as the AUDUSD continues to be a bearish story in the interim. More Info Here
  10. Daily Fundamental ForexTime ( FXTM ) Emerging markets face punishment from stronger Dollar The unprecedented turnaround of fortunes for the US Dollar is continuing to leave a lasting impression on the FX markets, following the Dollar Index’s rise to above 92.80 on Monday, a new milestone for 2018. The emerging market currencies are now playing catch up with some of the excessive losses seen in developed currencies like the Euro, British Pound and Japanese Yen over the past couple of weeks, with the Dollar broadly stronger against the emerging markets at the start of the week. Asian currencies have also fallen victim to the latest round of USD buying momentum. The Japanese Yen, Singapore Dollar, New Taiwan Dollar, Korean Won, Philippine Peso, Indonesian Rupiah, Chinese Yuan, Malaysian Ringgit and Thai Baht are all suffering as a result of the USD’s strength at time of writing. While there will be concerns that the extended run of Dollar-buying momentum risks spelling pain for the emerging markets in ways not seen since the Federal Reserve began raising US interest rates back in 2015, emerging market investors should not panic. It must not be forgotten that we are encountering an unexpected global theme where the Dollar has become unexpectedly stronger than the overwhelming majority of its counterparts. The British Pound has nosedived 5.5% since April 17th, while the Euro has lost 3.7% during the same period. Rather than investors becoming concerned about the future prospects of the emerging markets, the real question to ask is - what exactly has encouraged such a turnaround in investor demand for the Dollar? Many will be inclined to look towards the 10-year US treasury yields, that are above 3% for the first time since 2014, as being the main catalyst behind the Dollar drive. Although I am personally leaning towards the view that increased interest rate differentials between the United States and its developed peers are what is causing the move in the US Dollar. Both the Bank of England (BoE) & European Central Bank (ECB) have seemingly backtracked from their own interest rate ambitions over the past couple of weeks. This has reminded investors that the Federal Reserve remains significantly beyond its developed peers when it comes to normalizing monetary policy. Euro hits new 2018 low The EURUSD has resumed its recent downward spiral by falling below 1.19 for the first time since late 2017. A new round of weak economic data has exposed further fears that the Euro area is at risk of entering another downturn. I personally feel that this view is a little unfair, considering that the Eurozone outperformed all expectations throughout the previous year. The latest EU data will however provide the ECB with more reason to remain hesitant on raising interest rates, meaning that increasing interest rate differentials between the United States and Europe risk exposing the EURUSD further to the downside. China and Nafta talks still in spotlight The first round of negotiations between the United States and China concluded at the end of last week with no breakthrough, as expected. While ongoing talks behind the scenes have eased tensions around a potential trade war between two of the largest economies in the world, investors will remain on high alert for trade threats, as long as the discussions fail to bring any tangible results. Oil benefits from Iran risk Persistent fears that President Trump will pull out of the Iran nuclear deal later this week have played a pivotal role behind the price of US Oil rising above $70 for the first time since November 2014. With Trump having referred to the Iran agreement in the past as “the worst deal ever”, it is not difficult to understand why investors are pricing in heavy risk premiums into the price of oil before Trump’s announcement on the Iran nuclear deal this evening. It does need to be remembered that there will be wider implications than the price of oil, if Trump does abandon the 2015 nuclear deal. Iranian President Hassan Rouhani has already warned that the US would “regret” its decision to exit the nuclear deal, and concerns over how Iran might react to the United States pulling out do not appear to have been factored into other asset classes. One of the most difficult questions to answer is what impact the United States pulling out of the deal might mean for politics in the Middle East. There is a likelihood of market uncertainty in the lead up to Trump’s “decision” on the Iran nuclear deal today, and I think the Japanese Yen and Gold will be sought from investors if there is a period of risk aversion in the markets. Ringgit weakens ahead of General Election Ahead of an extremely busy week for the Malaysian economic calendar, the Ringgit is showing signs of weakness against the USD. The intense buying momentum in the USD has probably been the main contributor to the Ringgit fluctuations, but the general election later this week will still be seen as a potential event risk. If there is unexpected uncertainty with the election in Malaysia, it can’t be ruled out that the Ringgit could find itself at risk of further selling pressure. Rupiah weakens as Indonesia GDP disappoints The Indonesian Rupiah tumbled to its lowest levels since December 2015 at 14,000, after GDP growth in Indonesia showed signs of weakness in the first quarter of 2018. The headline GDP miss has been attributed to weak consumption, and the news failed to help the Rupiah pull away from its recent rut that has seen the currency take the position of the second-worst Asian performer over the past three months. The slower pace of economic growth is going to make it difficult for Bank Indonesia to raise interest rates, despite calls for the central bank to take action in an effort to prevent the local currency from further weakness. More Info Here
  11. FXTM Trading Schedule during the UK Early May Bank Holiday 2018 In observance of the upcoming bank holiday in the UK, FXTM’s trading schedule will be changed. Please refer to the table below for the schedule of all the instruments that are subject to changes. In the event of decreased liquidity in the market, FXTM may switch trading on low-liquidity instruments to "Close-Only" mode or close trading on these instruments altogether. Additionally, in the event of low liquidity, spreads might significantly increase from their normal average level. If you have any questions or concerns about these changes, please don’t hesitate to contact FXTM’s dedicated customer support team. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  12. Webinars with Lukman Otunuga, FXTM Research Analyst Take an in-depth look at what’s in store for the global and local markets with FXTM’s Research Analyst, Lukman Otunuga. Get the latest on the biggest market developments, how they could potentially impact trading instruments and a look at what major events are in store the week ahead. 7th May at @ 09:30 +01:00 (GMT) Get insights on: - Growing optimism over global economy - Appreciating commodity prices - Hawkish sentiment across major central banks - Geopolitical tensions and political risk bubbling in the background - Cryptocurrencies remaining in the spotlight About Lukman Otunuga, FXTM Research Analyst: Lukman Otunuga has been a Research Analyst at FXTM since 2015. A keen follower of macroeconomic events, with a strong professional and academic background in finance, Lukman is well versed in fundamental and technical analysis. His in-depth analysis on global currency and commodity markets is often cited by leading international media, including the Associated Press (AP), BBC, CNBC, CNN, Marketwatch, NASDAQ, and The Telegraph. He has also appeared on Africa’s biggest television network, NTA 2. Lukman holds a BSc (hons) degree in Economics from the University of Essex, UK and an MSc in Finance from London School of Business and Finance. To Participate in the Webinar: - If you are new to FXTM, use the form on this page to Register - If you already have a MyFXTM account, use the form on this page to Login - After logging in or registering, click “Join” to participate in the Webinar of your choice. - Check your email inbox for the webinar link. Still not trading with a leading broker? Register with FXTM FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  13. Daily Fundamental ForexTime ( FXTM ) US equities in spotlight before Non-farm It could be a case of the straw that breaks the camel's back with the upcoming non-farm payroll data due out tomorrow. So far there have been some very strong economic figures out from the US economy, but there are also worries that Trumps trade wars could push the US economy into a recession, a voice that has been echoed recently by a letter signed by 1000 economists warning him of such at thing. However, the market will be watching employment figures as usual and with a keen sense of interest to see if Trump has made a dent in them recently as we start to head into the summer period. So far the market is expecting 192K tomorrow, which is a lot more robust than the previous 103K reading we saw last month, and a drop in the unemployment rate to a record 4%, something that seems tantalising close for the US economy. Today however we saw the market react sharply though to bad news as US durable goods (core) m/m missed expectations to come in at 0.1% (0.5% exp), and the worry is that with non-farm payroll we could see another sharp turn in the market again. Something that would play out across the US dollar and of course US equity markets. The biggest impact today was on the S&P 500 which faltered sharply in today's trading before clawing back some ground as the bulls rushed back into the market. At present the US equity markets are very vulnerable to economic data and we've seen some big swings as of late. We've also seen the S&P 500 looking to sit between the 200 day moving average and the 100 and this looks like it may continue unless we saw a solid breakout of these levels. A very weak non-farm figure tomorrow could push the S&P 500 much lower as markets are quite jittery at present compared to a year ago. If we see a positive figure I would look to see a push back up to the 100 day moving average at present, as it looks to act as dynamic resistance in this market. Across the Pacific and the bears took a break today from the AUDUSD as it was upbeat for a change. This was on the back of weaker US dollar, but also the fact that the AUDUSD encountered strong support at 0.7472 as it bottomed out. There is a chance we could see further bearish pressure tonight with the Monetary policy report, so traders will be looking for a retest here and potentially a move to lower support at 0.7371. In the event it's hawkish I would expect a breakout above 0.7546 and potentially move to the topside of 0.7638 as the bulls will be keen to have a crack at this one. All in all though, the Australian economy continues to struggle so it may be a hard ask for the Reserve Bank of Australia to be more optimistic at present - especially based of their recently neutral statements. More Info Here
  14. Ultimate Trading Formula Seminar & Workshop in Pakistan 21.04 - 25.04.2018 Join With FXTMPartners: www.fxtmpartners.com FXTM Online Forex Trading Broker | ForexTime (FXTM) | Facebook: www.facebook.com/ForexTime |Twitter www.twitter.com/ItsForexTime ✓Traders from 156 countries | ✓13 international awards | ✓16 secure payment methods | ✓25 languages supported
  15. Daily Fundamental ForexTime ( FXTM ) Global stocks under pressure while Gold dips Global equity markets were under pressure on Wednesday as rising U.S Treasury bond yields and speculation of higher U.S interest rates dented appetite for stocks. Most Asian shares fell during early trade following a heavy selloff on Wall Street overnight. The negative momentum from Asian markets and growing caution has already punished European stocks this morning. With investors likely to maintain some distance from equities as U.S bond yields climb, Wall Street could extend losses this afternoon. Sterling depressed below 1.4000 Sterling struggled to push back above the 1.4000 pivotal level this morning as investors continued to question the likelihood of a BOE interest rate hike in May. An aggressively appreciating Dollar has punished the GBPUSD further with prices trading around 1.3957 as of writing. Easing UK inflation and a cautious Mark Carney have forced investors to scale back expectations of a May rate hike. The Pound which is extremely sensitive to monetary policy speculation could depreciate further based on these factors. Taking a look at the technical picture, the GBPUSD is bearish on the daily charts. The decisive break down below the pivotal 1.4000 support level could encourage a decline towards 1.3920 and 1.3800, respectively. For bulls to jump back into the game, prices need to secure a daily close back above 1.4000. Currency spotlight – USDJPY The Yen slipped to a fresh two month low at 109.25 during Wednesday’s trading session as higher U.S yields boosted the Dollar. With the Dollar finding amble support from rising bond yields and expectations of higher U.S interest rates, the USDJPY has scope to venture higher. From a technical standpoint, the USDJPY is bullish on the daily timeframe as there have been consistently higher highs and higher lows. A daily close above 109.00 could encourage an incline higher towards 109.70. Alternatively, if bulls fail to maintain control above 109.00, the next levels of interest will be at 108.40 and 107.80, respectively. Commodity spotlight – Gold Gold has edged lower with prices sinking towards $1324 despite global equity markets suffering heavy losses. An aggressively appreciating Dollar, expectations over higher U.S interest rates and easing geopolitical tensions are the most likely culprits for the yellow metal’s depreciation. With the Dollar expected to remain supported by rising bond yields and Fed hike speculation, zero-yielding Gold could feel the heat. If U.S GDP data dishes out an upside surprise on Friday, bears may be injected with enough inspiration to send prices towards $1300. All in all, it must be kept in mind that Gold still remains in a wide $60 range with support at $1300 and resistance at $1360. Prices are likely to remain confined within these regions until a fresh catalyst is brought into the picture. More Info Here
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