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Daily Pivots: (S1) 105.94; (P) 106.03; (R1) 106.12; Intraday bias in USD/JPY is turned neutral again with 4-hour MACD crossed below the signal line. Further rise is in favor as long as 104.94 support holds. Current development argues that downtrend from 111.71 has completed on bullish convergence co

After breaking through the 1910, gold continued to rise. It currently hits the 1915 level. Silver expanded its gains to more than 2%, while crude oil fell slightly.Gold: further riseTurning point: 1898.00Trading strategy: bullish above 1898.00, the target positions are 1921.00 and 1934.00 respective

The US dollar is crumbling below the 93.50 level and is on its last legs.  Gold has pushed the bears back and the price retreats back above $1,900 to form new support.  Gold bears go back to the drawing board and await for high probability conditions.  The price of gold is now testing the counter t