Gold surges above 1,260

Note: This section contains information in English only.
Source: Dukascopy Bank SA
For almost a month Dukascopy Analytics stated that on the larger scale the yellow metal is heading to the 1,260.00 level. The move has occurred and fully ended on Friday.  

The bullion has surged above the resistance levels at 1,260.00 and even broken resistance levels at that level. The surge was stopped by the upper trend line of a medium term pattern.

In regards to the near term future, it is expected that the bullion will consolidate its gains. Meanwhile, Dukascopy Analytics are taking the next week off.
Back to articles

Actual Topics

Mon, 24 Dec 2018 10:32:13 GMT

EUR/JPY likely to gain strength

The single European currency plummeted about 151 base points against the Japanese Yen on Friday. This sell-off began on December 13 and has since lost over 2.36% of its values.

Fri, 21 Dec 2018 09:38:10 GMT

USD/JPY is expected to trade sideways

The USD/JPY continued its decline until the rate almost reached the 111.80 level. That point suddenly forced a retracement of the currency exchange rate. By using this point new descending patterns were drawn.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.