Midday update for Gold 21-03-2017
Economies.com
2017-03-21 11:14AM UTC
Gold price trades positively since morning to move above 1231.13 level, which supports the continuation of our bullish trend expectations efficiently for the rest of the day, waiting for more of the upside moves to visit 1231.17 level mainly.
Stochastic approaches from providing positive overlapping signal to reinforce the suggested bullish trend scenario, and its continuation conditioned by holding above 1231.13 and 1221.70.
Expected trading range for today is between 1215.00 support and 1250.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...