Gold Morning Technical Report 22/8/2014
ecPulse
2014-08-22 07:22AM UTC
The metal is still trading in a bearish bias and is approaching the key support level showing on graph around 1268.00 - 1262.00. 1262.00 levels will be a significant interval today, whereas stability below it fails any bullish attempt and continues to move to the downside. Targets for today only reside around the mentioned level.
From the upside, stabilizing below 1296.60 is the main catalyst to keep negativity. But intraday, stability below 1285.15 is required to keep the negative pressure intraday today.
Commodities News
Commodities
Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Commodities
Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities Technical Analysis
Commodities
Update: Silver price resumes the bullish track
2024-05-17 15:23PM UTC
Silver price rallied upwards strongly to breach 29.80$ level and approach 31.00$ barrier, to stop ...
Commodities
Update: Gold price surpasses the first target
2024-05-17 15:23PM UTC
Gold price succeeded to achieve our first target at 2400.00$ and breached it to confirm the ...
Commodities
Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC