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Gold technical analysis 11.01.2022

Gold price achieved a clear breach of the 1797.00 level and closed the daily candle above it, to stop the suggested negative scenario in our recent reports and turn to the upside, on its way to visit the 1825.15 level as a first main station.

Therefore, we expect to witness …

Asian markets slithering

News of the day, Tuesday, 11 January

 

Asian market continues smooth descent after Japanese stocks finished holidays – Nikkei 225 decreased 1.28% on the first day. China and South Korea follow up: KOSPI down by 0.44% and Shenzhen Component by 0.29%. Such a negative trend is associated with COVID-19 …

Kazakhstan vs. Omicron: Who Strikes Stronger?

News of the day, Monday, January 10:

 

While Omicron spread continues to affect global economy, protests in Kazakhstan cause noticeable shifts in markets. For instance, oil prices increased 5% after Kazakhstan logistics interrupted. At the same time, Libyan oil industry decreased production significantly (1.3 million bpd last year to …

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