End of day analysis for Gold 12-09-2018

Economies.com
2018-09-12 17:35PM UTC

Gold price rallied upwards strongly to breach the intraday bearish channel’s resistance and test the key resistance 1208.40, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested negative scenario and lead the price to turn to rise and start recovery attempts that target 1220.00 followed by 1238.30 levels mainly.

Commodities News

Gold News

Commodities

Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Oil News

Commodities

Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Gold News

Commodities

Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day gold price forecast update - 02-05-2024
2024-05-02 16:17PM UTC
  Gold price continues to decline to test 2300.00$, waiting for more decline to achieve the ...
Brent oil Analysis

Commodities

Brent oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Brent Oil Trading Report Brent oil price is testing 84.77$ level and attempts to consolidate ...
Oil Analysis

Commodities

Crude oil price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, ...