Gold Morning Technical Report 27/11/2014
ecPulse
2014-11-27 07:49AM UTC
After failing yesterday to break 1190.00 and stabilize below it, the metal rebounded to the upside during Asian trading today and the beginning of the European session. Trading above the referred to level is positive and pushes the price further to the upside. MACD and RSI tends to be positive supporting the expectations of further bullishness.
We currently target 1213.00, but today, the main catalyst is stabilizing above the referred to 1190.00, while breaking 1181.85 fails the downside move.
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