Midday update for Gold 24-10-2016
Economies.com
2016-10-24 10:41AM UTC
Gold price did not show any strong move since morning, to continue fluctuating around the EMA50, keeping its stability above 1249.94 level.
Therefore, our bullish overview will remain valid as it is without any change for today, which its targets begin by breaching 1297.74 barrier to open the way to head towards 1342.00 followed by 1375.00 levels on the near term basis.
Expected trading range for today is between 1249.94 support and 1285.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Gold about to trade above $2400
2024-05-16 09:55AM UTC
Gold prices rose in European trade on Thursday, extending gains for the third straight session and ...
Commodities
Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Commodities
Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Commodities Technical Analysis
Commodities
Sugar price hits the second target – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for Sugar Expected Scenario Sugar price resumed its negative trading to ...
Commodities
Corn price hits the target – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for Corn Expected Scenario Corn price succeeded to achieve our waited ...
Commodities
Brent oil price crawls upwards – Forecast today - 17-05-2024
2024-05-17 04:06AM UTC
Price Analysis for Brent Oil Expected Scenario The Brent oil price has resumed positive ...