Gold opens positively 22/07/2013
Economies.com
2013-07-21 23:59PM UTC
Gold price opens this week’s trading with bullish bias surpassing 1300.00, facing now a cluster of major resistance levels between 1320.00 and 1340.00, and breaching above these levels will provide bullish targets that reach towards 1400.00 then 1447.00
Now, the intraday bullish trend will be preferred and supported by Stochastic positivity, being aware that breaking 1270.00 will stop these positive expectations and leads to an intraday turn towards the downside.
Expected trading range for today is between: 1270.00 support and 1366.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price keeps its stability above ...
Commodities
Crude oil price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades positively to approach ...
Commodities
Silver price forecast update 25-04-2024
2024-04-25 09:42AM UTC
Silver Price Analysis Expected Scenario Silver price shows positive trades to hint the ...