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Gold consolidates the recent pullback well above the $1800 mark, as the coronavirus vaccine hopes boost the equities and downs the greenback. Are gold bulls bidding up for a test of the multi-year highs?   The Technical Confluences Indicator shows that the yellow metal continues to face stiff resist

Analysts at Citigroup cite four key reasons behind gold’s next leg higher to a record high in the coming months.   Key quotes “The price of gold will hit a record high in the next 6 to 9 months.”   “Assess a 30% probability it would go above $2,000 in the next 3-5 months.”   Citing “loose monetary p

Bloomberg reports that the Foreign Secretary Dominic Raab signalled the UK will join its international allies in suspending an extradition treaty with Hong Kong after China imposed a national security law on the former British colony. Lead paragraphs Raab told Sky News on Sunday he would update Par

Gold futures rebounded from early session weakness on Friday to close higher for the session. The two-sided price action was generated as fears over business disruptions due to another record-breaking rise in COVID-19 cases at home drove up the possibility of additional fiscal and monetary stimulus.

Due to the low volatility in eur/usd market, the EA strategy, which I named Pheonix, suffered a relatively large drawdown. This volatility situation was not common at least in the last 3 years. In the other hand, after this drawdown, I modified my EA strategy to ensure it can still perform well unde