Gold

SGT Chart Book 15.07.24

By SGT Trading Desk / 15 Jul 2024

US Macro data is suggestive of a rate cut by the Fed in September while US CPI was released Thursday falling 0.1% in June…

SGT Chart Book 08.07.24

By SGT Trading Desk / 08 Jul 2024

On the week: Dow +0.7%, SP500 +2% and Nasdaq 3.5%. YTD: Dow +4.5%, SP500 +16.7% and Nasdaq 22.3%. US Jobs data released Friday: Confirmed slowdown in job growth. June numbers showed Nonfarm payrolls grew by 206,000 while the unemployment rate moved up to 4.1%…

SGT Chart Book 02.07.24: Half Year Scores on The Doors

By SGT Trading Desk / 02 Jul 2024

As we reflect on H1, 2024: Stocks, the dollar, Precious Metals (Gold, Silver), Crude Oil (WTI/Brent), BTCUSD and Treasury yields are all higher at the half year mark…

SGT Chart Book 24.06.24

By SGT Trading Desk / 24 Jun 2024

S&P 500 Rises for the third week in a row and is up 15% this year due to gains in AI-related stocks. The index hit 5,500 for the first time ever…

SGT Chart Book 17.06.24

By SGT Trading Desk / 17 Jun 2024

The Nasdaq Composite rose 0.1% to a fresh high, bringing its weekly gain to 3.2%. The S& P 500 produced a weekly gain of 1.6%. The Dow Jones Industrial Average also declined, shedding 0.5% for the week.

SGT Chart Book 10.06.24

By SGT Trading Desk / 10 Jun 2024

Last week’s Highlights: ECB cut interest rates on Thursday. New All-time highs for Nasdaq and SP500. Release of ISM Manufacturing below 50, ISM Services prints 53.8 for May. US Jobs data shows unemployment rate reaches 4%, highest level since early 2022…

When things go wrong or the markets become quiet, we must put in more effort

By Tony Westfallen / 03 May 2024

While Gold seems to be holding steady for now, the lustre has faded from BTC. As we step into May, I must admit I’ve been rather quiet this year on the trading front, particularly concerning Crypto and equities.

Metals Market Observation 06.07.22
Gold

By SGT Technical Analysis / 06 Jul 2022

Short rising trendline has been broken and we are looking for a test around 1700, the continuation pattern on momentum…