Gold fluctuates – Analysis - 26/01/2015

Economies.com
2015-01-26 06:04AM UTC

Gold price hovers around 1294.50 level and shows attempts to trade above it now, while the EMA50 continues to support the price from below, which keeps the chances valid to resume the recently suggested bullish trend, which gets additional support from the positive overlapping signal offered by stochastic.

 

Therefore, we will keep the positive overview for the upcoming period, and the next targets are 1322.00 and extend to 1345.00, while achieving them requires holding above 1285.00.

 

Expected trading range for today is between: 1275.00 support and 1322.00 resistance.

 

Expected trend for today: Bullish

Commodities News

Copper News

Commodities

Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Brent Oil News

Commodities

Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
Gold News

Commodities

Gold gives up two-week high following aggressive remarks
2024-05-13 10:00AM UTC
Gold prices fell in European trade on Monday for the first day in three away from two-week highs on ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price approaches the target – Forecast today – 14-5-2024
2024-05-14 05:35AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price succeeded to activate the ...
Platinum Analysis

Commodities

Platinum price hits the second target – Forecast today – 14-5-2024
2024-05-14 05:29AM UTC
Platinum Price Analysis Expected Scenario Platinum price took advantage of the positive ...
Copper Analysis

Commodities

Copper price resumes the rise – Forecast today – 14-5-2024
2024-05-14 05:29AM UTC
Copper Price Analysis Expected Scenario The Copper price got rid of the negative factors ...