Value Investing

Gold remains range-bound around the $1,770 level for the better part of the European session and even now as we approach the close of the session. Meanwhile, strategists at TD Securities have opined that the yellow metal will likely surpass the $1,800 mark as inflation-hedge assets gain popularity. According to the strategists, gold is on […]

Premier African Minerals stock (LSE:PREM) has recently undergone what could be called a roller-coaster movement. From January to February 2020, price moved sideways. From February to March, it moved downwards. From March to April, it moved sideways again. It went upward in May and has started coming down this June. The market is currently below […]

Gold (XAU/USD) remains in a consolidation range around $1,724-30 as we head into the early hours of the European session. The yellow metal has recovered well from an intraday low on the back of fresh US-China tensions. Apart from the US-China disagreements, fears over a second wave of the Covid-19 outbreak are heavily influencing the […]

XAGUSD Price Analysis – June 10 SILVER finished at $17.53 on Tuesday and lost $22.0 (-1.22 percent). That being said, in today’s session, Silver (XAG) is growing as anticipated while buyers are about to challenge upside barriers at the $17.90/$18.00 level. As the market is steaming up and trading high back to the days before. […]

Standard Chartered shares (LSE:STAN) have broken the previous supply zones at 460.00, 450.00 and 440.00 to the upside, and those supply zones are now demand zones. The market ranged between March and May 2020, having trended downwards prior to that. Price then broke upwards, trending above the upper Trendline and closing above it. The RSI […]

Key Resistance Levels: 1.09000, 1.10000, 1.11000 Key Support Levels: 1.05400, 1.05200, 1.05000 EUR/CHF Price Long-term Trend: Bullish EUR/CHF pair is in an uptrend. The pair rebounded at the low of 1.05000 to resume an upward move. A correction candle body tested the 0.618 Fibonacci retracement level. This indicates that the pair will rise and reach  level 1.618 […]

EURUSD Price Analysis – June 4 EURUSD ‘s latest dip from a high of 1.1257 while vacating overbought positions to a level of around 1.1200 could pave way for the rally to recover. In recent days the awaited announcement of the ECB ‘s decision has risen and improved the euro – potentially putting the FX […]

Gold (XAU/USD) dipped in the early Asia trading session on Monday as growing US-China tensions continue to influence demand on the safe-haven asset. Gold futures shed about 0.47% reaching a low of $1,724 just a few hours ago. The precious metal failed to hold on to its gains from last week’s session. Stocks, which are […]

Key Resistance Levels: 111.000, 112.000, 113.000 Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: Ranging The pair is currently in a sideways move between the levels of 110 and 108. The Yen was in an uptrend but it is facing resistance at level 108. The pair is on a downward move as a result of […]

Exxon Mobil shares (NYSE:XOM) are about to break upwards as price action in the chart reveals. The market has been consolidating since April 2020, following a massive drop of January to March 2020. The market has been moving sideways. ADX period 14 is at the level 20 (low momentum), and DM+ is slightly above DM- […]