End of day analysis for Gold 05-07-2019

Economies.com
2019-07-05 20:17PM UTC

Gold price returns to cover some losses that it suffered today to fluctuate around 1400.00, showing the price head to continue the main bullish trend and not falling under the correctional bearish pressure again, supported by the positive signal provided by stochastic, and the price needs to hold above the mentioned level to confirm resuming the bullish bias that its first target located at 1439.00.

Commodities News

Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Oil News

Commodities

Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price needs new momentum – Forecast today – 25-4-2024
2024-04-25 05:47AM UTC
Natural Gas Price Analysis Natural gas price postponed the bullish attack and formed temporary ...
Gold Analysis

Commodities

Gold price within tight range – Forecast today - 25-04-2024
2024-04-25 05:46AM UTC
Gold Price Analysis Gold price fluctuates within tight range since yesterday, hovering around ...
Platinum Analysis

Commodities

Platinum price holds above the support – Forecast today – 25-4-2024
2024-04-25 05:39AM UTC
Platinum Price Analysis Despite platinum price facing strong negative pressures recently, caused ...