GOLD TECHS: Corrective Bear Cycle Extends
May-15 05:23
* RES 4: $3578.0 - 2.000 proj of the Dec 19 - Feb 24 - Feb 28 swing * RES 3: $3547.9 - 1.764 proj of...
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SCHATZ TECHS: (M5) Trend Structure Remains Bullish
Apr-15 05:23
- RES 4: 107.812 0.618 proj of the Mar 6 - Apr 7 - 9 price swing
- RES 3: 107.800 Round number resistance
- RES 2: 107.775 High Apr 7 and the bull trigger
- RES 1: 107.680 High Apr 9
- PRICE: 107.490 @ 06:04 BST Apr 15
- SUP 1: 107.160/106.965 20-day EMA / Low Apr 9 and key support
- SUP 2: 106.830 Low Mar 27
- SUP 3: 106.728 76.4% retracement of the Mar 6 - Apr 7 bull cycle
- SUP 4: 106.630 Low Mar 18
Schatz futures are unchanged and the contract remains below last week’s high. For now, the recent pullback appears corrective and has allowed an overbought condition to unwind. The trend condition remains bullish - price has recently traded through a key resistance at 107.120, the Mar 4 high. The break highlights a stronger bull cycle and signals scope for a climb towards 107.800. Key support to watch lies at 106.965, the Apr 9 low.
LOOK AHEAD: UK Timeline of Key Events (BST Times)
Apr-15 05:23
| Date | UK | Period | Event |
| 15-Apr | 0700 | Feb/Mar | Labour Market Survey |
| 16-Apr | 0700 | Mar | Consumer inflation report/ Producer Prices |
| 23-Apr | 0001 | Mar | Brightmine pay deals for whole economy |
| 23-Apr | 0700 | Mar | Public Sector Finances |
| 23-Apr | 0730 | DMO remit revision following FY24/25 CGNCR | |
| 23-Apr | 0930 | Apr | S&P Global Manufacturing PMI flash |
| 23-Apr | 0930 | Apr | S&P Global Services PMI flash |
| 23-Apr | 0930 | Apr | S&P Global Composite PMI flash |
| 23-Apr | 1130 | BOE's Pill speech at University of Leeds | |
| 23-Apr | 1815 | BOE's Bailey at Institute of International Finance | |
| 23-Apr | 1900 | BOE's Breeden on Monetary Policy and Financial Stability | |
| 24-Apr | 1100 | Apr | CBI Industrial Trends |
| 25-Apr | 0001 | Apr | Gfk Monthly Consumer Confidence |
| 25-Apr | 0700 | Mar | Retail Sales |
| 25-Apr | 2015 | BOE's Greene on Inflation, growth and moentary policy | |
| 28-Apr | 1100 | Apr | CBI Distributive Trades |
LOOK AHEAD: Eurozone Timeline of Key Events (BST Times)
Apr-15 05:18
| Date | Time | Country | Event |
| 15-Apr | 745 | FR | HICP (f) |
| 15-Apr | 900 | EU | ECB Bank Lending Survey |
| 15-Apr | 1000 | EU | Industrial Production |
| 15-Apr | 1000 | DE | ZEW Current Expectations Index |
| 16-Apr | 900 | EU | EZ Current Account |
| 16-Apr | 900 | IT | Italy Final HICP |
| 16-Apr | 1000 | EU | HICP (f) |
| 17-Apr | 700 | DE | PPI |
| 17-Apr | 1315 | EU | ECB Deposit/ Main Refi/ Marginal Lending Rate |
| 17-Apr | 1345 | EU | ECB Monetary Policy press conference |
| 21-Apr | EU | ECB's Lagard and Cipollone in IMF/WB Meetings | |
| 22-Apr | 1500 | EU | Consumer Confidence Indicator (p) |
| 22-Apr | 1800 | EU | ECB's De Guindos at MIT/ICADE Finance Club |
| 23-Apr | 815 | FR | S&P Global Flash PMI |
| 23-Apr | 830 | DE | S&P Global Flash PMI |
| 23-Apr | 900 | EU | S&P Global Flash PMI |
| 23-Apr | 900 | EU | ECB Wage Tracker |
| 23-Apr | 1000 | EU | Construction Production/ Trade Balance |
| 23-Apr | 2015 | EU | ECB's Lane on Central Bankers' Amid Changing Liquidity |
| 23-Apr | 2045 | EU | ECB's Cipollone on Tokenization and the Financial System |
