Gold keeps its positive stability – Analysis - 18-04-2018
Economies.com
2018-04-18 03:55AM UTC
Gold price returns to trade above the EMA50 after the decline that it witnessed yesterday, which supports the continuation of our expectations of the bullish trend in the upcoming period, depending on the price stability above 1335.40, as breaking this level will push the price to decline towards 1316.48 areas again before any new attempt to rise.
Our first positive target is located at 1365.97, reminding you that breaching this level will extend Gold price gains to reach 1400.00 as a next main station.
Expected trading range for today is between 1335.00 support and 1365.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Commodities
Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Commodities
Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Commodities Technical Analysis
Commodities
End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Commodities
Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Commodities
Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...