Gold continues to fluctuate – Analysis - 06/10/2015
Economies.com
2015-10-06 04:53AM UTC
Gold price continues to fluctuate near the main bearish channel’s resistance level keeping its stability below this level, which keeps the chances valid for resuming the bearish trend on the intraday and short- term basis, and the price needs to break 1126.25 level to ease targeting 1103.00 level initially.
Stochastic heads to the downside to support the suggested decline, which its continuation conditioned by holding below 1137.00 level.
Expected trading range for today is between 1115.00 support and 1150.00 resistance.
Expected trend for today: Bearish
Commodities 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 ...
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 ...
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
Commodities
Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...
Commodities
Soybean price reactivates the correctional scenario – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Soybean Price Analysis Soybean price breached the 1193.10$ level clearly and closed the daily ...
Commodities
Corn price hits the target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Corn Price Analysis Corn price rallied upwards yesterday to succeed achieving our first waited ...