Midday update for Gold 25/11/2015
Economies.com
2015-11-25 11:22AM UTC
Gold price shows bearish after testing the EMA50, supported by stochastic negativity, to support resuming the overall bearish trend that organizes within the bearish channel that appears in the image, waiting for testing 1050.00 level initially.
Breaking the mentioned support will extend the bearish wave to reach 1000.00, while the suggested bearish bias will remain valid unless breaching 1101.00 level and holding above it.
Expected trading range for today is between 1050.00 support and 1100.00 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...
Commodities
Gold price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Gold Price Analysis Expected Scenario Gold price faces temporary negative pressure after ...