Gold crawls upwards – Analysis - 13-02-2018
Economies.com
2018-02-13 04:59AM UTC
Gold price shows calm positive trades to approach our first waited target gradually at 1335.40, reminding you that breaching this level will push the price to head towards 1365.97 as a next main station.
In general, we will continue to suggest the bullish trend depending on the stability of 38.2% Fibonacci correction level against the price’s last decline, noting that holding above 1316.48 represents main condition to achieve the suggested targets.
Expected trading range for today is between 1316.00 support and 1340.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Gold under pressure ahead of US jobs data
2024-05-03 08:37AM UTC
Gold prices fell in European trade on Friday, extending losses for the second straight session and ...
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 Technical Analysis
Commodities
Brent oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Brent oil price shows new negative trades now in attempt to resume the correctional bearish trend, ...
Commodities
Crude oil price forecast update 03-05-2024
2024-05-03 13:54PM UTC
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the ...
Commodities
Silver price forecast update 03-05-2024
2024-05-03 13:53PM UTC
Silver price declines again to reach our waited target at 26.00$, waiting to break this level to ...