Gold gathers the positive momentum – Analysis - 20-04-2018
Economies.com
2018-04-20 03:54AM UTC
Gold price shows calm decline to approach testing the key support 1335.40, accompanied by stochastic reach to the oversold areas, to provide positive motive that we expect to assist to push the price to rise again and resume the main bullish trend.
Therefore, the bullish trend will remain suggested for the upcoming sessions conditioned by the price stability above the mentioned support, noting that our positive targets begin at 1365.97 and extend to 1400.00 after breaching the previous level.
Expected trading range for today is between 1330.00 support and 1360.00 resistance.
Expected trend for today: Bullish
Commodities 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 ...
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 ...
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
Commodities
Wheat price surpasses the second target – Forecast today - 14-05-2024
2024-05-14 03:55AM UTC
Wheat Price Analysis Expected Scenario Wheat price rallied upwards strongly to surpass our ...
Commodities
Sugar price surpasses the first target – Forecast today - 14-05-2024
2024-05-14 03:55AM UTC
Sugar Price Analysis Expected Scenario Sugar price traded with clear negativity yesterday, ...
Commodities
Corn price activates the positive scenario – Forecast today - 14-05-2024
2024-05-14 03:55AM UTC
Corn Price Analysis Expected Scenario Corn price rallied upwards yesterday to breach ...