GC=F - Gold Aug 20
| Pre. Settlement | N/A |
| Settlement date | 2020-08-27 |
| Open | 1,808.40 |
| Bid | 1,800.40 |
| Last price | 1,803.80 |
| Day's range | 1,796.50 - 1,817.00 |
| Volume | 208,264 |
| Ask | 1,802.40 |
- FX Empire
Natural Gas Price Prediction – Prices Rebound to Close the Week Up 4%
Demand and Supply in 2019 were records
- CoinDesk
Bitcoin Reaches Record High Correlation to S&P 500
Analysts expect bitcoin’s positive correlation to traditional markets to continue and strengthen.
- FX Empire
S&P 500 Weekly Price Forecast – Stock Markets Break Through Minor Resistance
Stock markets rallied during the week, with the S&P; 500 being no exception. We broke above the top of a couple of shooting stars which is a bullish sign.
- FX Empire
Crude Oil Weekly Price Forecast – Crude Oil Markets Stabilize
Crude oil markets had a bouncy week, but at the end of the session on Friday it looks as if we have stabilized. That is a good sign.
- FX Empire
S&P 500 Price Forecast – S&P 500 Likely to Continue Pressing Issue
S&P; 500 initially pulled back on Friday again, but then turned around to show signs of life again. This is a market that continues to show extreme resiliency.
- FX Empire
Crude Oil Price Forecast – Crude Oil Markets Form Bullish Candles
Crude oil markets initially dipped on Friday but turned around to show signs of resiliency yet again. They have more of an upward bias than anything else.
- FX Empire
Silver Weekly Price Forecast – Silver Markets Finally Break Out
Silver markets had an extraordinarily bullish week, finally break above the $19 level. I fully anticipate that we continue to go much higher.
- FX Empire
Natural Gas Weekly Price Forecast – Natural Gas Markets Rally Again
Natural gas markets had a strong week, as we continue to see a recovery. Helped by a heat wave in the U.S. and a slew of bankruptcies on the supply side.
- FX Empire
Gold Weekly Price Forecast – Gold Markets Finally Pierced Major Level
Gold markets broke above the $1800 level this week, which can only be thought of as a major victory for the buyers.
- FX Empire
Silver Price Forecast – Silver Markets Hover at Major Level
Silver markets have continued to hover at a major level, in the form of the $19 level during the trading session on Friday.
- FX Empire
Gold Price Forecast – Gold Markets Struggle to Follow Through
Gold markets struggled to follow through during the trading session on Friday after pulling back on Thursday.
- FX Empire
GBP/USD Weekly Price Forecast – British Pound Continues to Flex Its Muscles
British pound has had a very bullish week, as we continue to see a rally. Every time it looks as if it is going to fall, buyer step in to pick up yet again.
- FX Empire
EUR/USD Weekly Price Forecast – Euro Continues to See Trouble at Same Area
The Euro initially rally during the week, pulled back from the 200 week EMA, and then rallied again to close out a choppy week. This is normal for this pair.
- FX Empire
Silver Price Daily Forecast – Silver Stays Above $18.50
Silver did not manage to get above $19.00 but maintains solid upside momentum.
- FX Empire
GBP/USD Price Forecast – British Pound Continues to Fight
The British pound initially fell a bit on Friday but continues to find support as we broke back above the 200 day EMA by the time New York got online.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Breaks Down Only to Find Buyers Again
The Australian dollar initially sold off on Friday but found buyers two show signs of resiliency yet again. We have a massive amount of resistance just above.
- FX Empire
U.S. Stocks Set To Open Lower As Traders Focus On Virus Data
S&P; 500 futures are losing ground in premarket trading as traders worry about the worsening situation on the coronavirus front.
- FX Empire
COVID -19 Daily Cases Surge, Gold Bulls Keeping Pushing the Precious Metal Up
Gold bulls kept the yellow metal up on Friday as global investors turned their attention to safe-haven assets after a surge in daily COVID-19 cases in U.S.
- Reuters
India gold dealers charge premiums as imports, smuggling stall
Physical gold sold at a premium in India this week for the first time this year, driven by plunging imports and a near halt in smuggling that offset the impact of high unemployment and a rise in domestic prices across Asia that could deter buyers. India's gold imports dived 86% year-on-year in June because of record high prices and as international air travel was banned in response to the COVID-19 pandemic. "Demand is very weak, but dealers are still charging a premium due to lower imports and as smuggling has nearly stopped," said Harshad Ajmera, a gold wholesaler in Kolkata.
- FX Empire
Crude Oil Price Update – Increasing Downside Momentum Targets $37.50
The direction of the August WTI crude oil market on Friday is likely to be determined by trader reaction to the 50% level at $39.08.
- Zacks
The Gold Rally May Have Just Begun: 5 Top Picks to Tap It
Coronavirus-induced economic devastations and the resulting market turmoil have gone well with precious metals, especially gold.
- FX Empire
Gold Amid Epidemiological and Economical Update
When we observe people on the streets, when we see crowded restaurants and pubs, it seems like the pandemic has ended. But is the global epidemic really over?
- FX Empire
Breakdown – First Crack in the Crude Oil Dam
the little momentum that crude oil had, is waning. This is bearish, because it shows that the buying power is drying up or that it’s almost gone.
- FX Empire
Gold Price Futures (GC) Technical Analysis – Strengthens Over $1798.10, Weakens Under $1791.90
Based on the early price action, the direction on Friday is likely to be determined by trader reaction to the 50% level at $1798.10.
- CoinDesk
Ethereum and EOSIO Square Up Over Enterprise Blockchain Business in Latin America
With ConsenSys in one corner and LatamLink in the other, a project backed by the Inter-American Development Bank is weighing Ethereum vs. EOS tech.
