{"id":6149,"date":"2018-03-20T12:54:21","date_gmt":"2018-03-20T04:54:21","guid":{"rendered":"http:\/\/swingfish.trade\/blog\/?p=6149"},"modified":"2018-03-20T12:56:09","modified_gmt":"2018-03-20T04:56:09","slug":"20-3-2018-just-another-crappy-gold-analysis-jacga","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/library\/market-currency-forex-opinions\/20-3-2018-just-another-crappy-gold-analysis-jacga-6149\/","title":{"rendered":"20\/3\/2018 Just another crappy gold analysis (JACGA)"},"content":{"rendered":"<p>Even with the interested rate hike looming over the horizon, gold recovered to <strong>1,319$<\/strong> level because of the uncertainty within Trump&#8217;s administration regarding Robert Mueller controversy.<\/p>\n<p><!--more-->And the fact that United Kingdom will <strong>stays within the E.U. until 2020<\/strong>, albeit at a limited role, helps strengthen <strong>EUR<\/strong> and <strong>GBP<\/strong> against the <strong>USD<\/strong>\u00c2\u00a0, and that pushed gold higher, however gold never touch <strong>1,320$<\/strong> and has since continue to drop so no breakout for the time being.<\/p>\n<p>The market sentiment give a buy area at around <strong>1,300$<\/strong>\u00c2\u00a0we can expect a lot of buying power there, <strong>IF<\/strong> that level is achieved <strong>BEFORE<\/strong> Wednesday FEDS interest rate announcement then I expect it to go even lower, possibly <strong>1,290$<\/strong> level.<\/p>\n<p>Some other things to note:<\/p>\n<p>2018 G20 Buenos Aires summit &#8211; While the main agenda is cryptocurrencies this summit is holding right after <strong>Trump&#8217;s Tariff<\/strong> is in effect, so expect G20 leaders to comment on it.<br \/>\n(Rumor) SPDR increases its gold holding by 10.62 tonnes, suggesting that they&#8217;re also expecting more buy orders sometime soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even with the interested rate hike looming over the horizon, gold recovered to 1,319$ level because of the uncertainty within Trump&#8217;s administration regarding Robert Mueller controversy.<\/p>\n","protected":false},"author":132,"featured_media":6161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[6],"class_list":["post-6149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-currency-forex-opinions","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/6149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/132"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=6149"}],"version-history":[{"count":5,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/6149\/revisions"}],"predecessor-version":[{"id":6162,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/6149\/revisions\/6162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/6161"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=6149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=6149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=6149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}