End of day analysis for Gold 16-10-2020

Economies.com
2020-10-16 17:24PM UTC

Gold price presses on 1901.80 level in attempt to break it, which urges caution from the upcoming trading, as breaking this level will stop the positive scenario suggested in our major reports and press on the price to decline again, to open the way to achieve negative targets that start at 1880.00 and extend to 1860.90.

Commodities News

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 ...
Oil News

Commodities

Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...

Commodities Technical Analysis

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 ...
Silver Analysis

Commodities

Silver price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Silver Trading Report Silver price continues to decline to move below the neckline of the double ...
Gold Analysis

Commodities

Gold price forecast update 02-05-2024
2024-05-02 09:06AM UTC
Gold Trading Report Gold price shows new negative trades to move away from 2325.90$ level, ...