Evening update for Gold 08-12-2023

Economies.com
2023-12-08 15:05PM UTC

Gold price broke the bullish channel’s support line clearly and closed the last four hours’ candlestick below it, to open the way to start bearish correction on the intraday basis, noting that closing the day below 2016.00 will confirm the domination of the bearish correction in the upcoming sessions, while stepping above it will reactivate the bullish trend scenario again.

Commodities News

Oil News

Commodities

Oil extends gains, US crude clocks in 4.5%% weekly profit
2024-03-01 22:08PM UTC
Oil prices advanced on Friday as investors await OPEC+ decisions on supplies, expected to extend ...
Oil News

Commodities

Oil prices scale 4-month high on speculation about OPEC+ cuts
2024-03-01 13:32PM UTC
Global oil prices rose in European trade on Friday on track for the second straight session, with ...
Silver News

Commodities

Silver on track for seconc weekly loss in a row
2024-03-01 09:41AM UTC
Silver prices fell in European trade on Friday, resuming losses and approaching two-week lows, ...

Commodities Technical Analysis

Oil Analysis

Commodities

Evening update for Crude oil price 01-03-2024
2024-03-01 17:10PM UTC
Crude oil price traded with strong positivity to surpass our first waited target at 80.00 and open ...
Gold Analysis

Commodities

Evening update for Gold 01-03-2024
2024-03-01 17:10PM UTC
Gold price rallied upwards strongly to surpass our first target at 2065.70 and confirm opening the ...
Brent oil Analysis

Commodities

Midday update for Brent oil 01-03-2024
2024-03-01 10:40AM UTC
Brent oil price shows positive trades now to test the sideways range’s resistance line that ...