Technical Analysis
Each month, ABC Bullion's Global General Manager Nick Frappell provides a technical analysis of the precious metals markets with short and medium term price targets and support and resistance levels utilising Fibonacci levels, Ichimoku Clouds, Point and Figure charts, COMEX trader positioning and Volume-Weighted Average prices. Nick holds a Diploma in Technical Analysis from the UK Society of Technical Analysts.
ABC Refinery Monthly Precious Metals Technical Analysis Report September 2022
Good day and welcome to the September monthly report, looking at gold, silver, the Dollar Index and the AUD via a more or less technical lens. As always,
29 September 2022
ABC Refinery Monthly Precious Metals Technical Analysis Report August 2022
Monetary conditions continue to tighten and the debate over whether the Federal Reserve would pivot to weaker rates in the face of recession fears appears to have been settled with hawkish commentary ...
02 September 2022
Monthly Precious Metals Technical Analysis Report July 2022
The USD continues its powerful rally. Why? The yield gap between the Dollar and its major trading pairs continues to dominate. The ECB is also not only slow to tighten, but the Eurozone also faces ser...
18 July 2022
July Report: Precious Metal Technical Analysis
The USD continues its powerful rally. Why? The yield gap between the Dollar and its major trading pairs continues to dominate. The ECB is also not only slow to tighten, but the Eurozone also faces ser...
18 July 2022
May Report: Precious Metal Technical Analysis
May saw USD gold decline to US$1787 spot, before reversing to display significant support at the Weekly Ichimoku cloud. ...
15 June 2022
March Report: Precious Metals Technical Analysis
Gold traded to within five US dollars of the August 2020 highs before rolling over very rapidly as the initial ‘insurance effect’ diminished, despite justified fears of broad-based inflati...
30 March 2022
February 2022 Technical Report - Precious Metals Analysis
Gold in January made a spot high of US$1,853.87, just within US$10 of the Weekly Cloud top, a key resistance level for gold in recent months, before sliding off over sixty US dollars to a wan-looking ...
18 February 2022
January Technical Report - Precious Metals Analysis
Gold closed 2021 a little higher, with a two-phase rally distinguished by short covering in the period from mid-December through to early January, with new longs arriving in late December....
19 January 2022
November Technical Report - Precious Metals Analysis
The pivot to a faster pace of taper allows the Fed to raise rates sooner and expectations have moved relatively quickly with the Fed no longer lagging market expectations as sharply as before....
24 December 2021
October Technical Report - Precious Metals Analysis
This month, Nick Frappell discuses inflation has been the theme that has energised gold – particularly in the sense of really testing the ‘transitory’ beliefs deployed by the Federal...
26 November 2021
September Technical Report - Precious Metals Analysis
The US debt ceiling problem has been delayed by around seven weeks and Republicans joined the Democrats to break the Republican filibuster. Hundreds of billions were added to the statutory debt ceilin...
14 October 2021