Gold price achieves more gains – Analysis - 02-12-2022
Economies.com
2022-12-02 05:12AM UTC
Gold price closed yesterday above 1800.00 barrier, reinforcing the expectations of continuing the rise in the upcoming sessions, organized inside bullish channel that supports the chances of achieving our new positive targets that start at 1815.00 and extend to 1850.00.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that breaking 1786.50 will put the price under intraday negative pressure that targets testing the key support base 1765.00 before any new attempt to rise.
The expected trading range for today is between 1780.00 support and 1825.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Brent hits a two-week high after Iranian President's death, Saudi king's health deterioration
2024-05-20 15:19PM UTC
International benchmark Brent rose in American trade on Monday on track for the fourth profit in a ...
Commodities
Gold scales a fresh record high at $2450
2024-05-20 08:52AM UTC
Gold prices rose in European trade on Friday on track for the second profit in a row, hitting a ...
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 Technical Analysis
Commodities
Brent oil price forecast update 20-05-2024
2024-05-20 10:42AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is facing temporary negative ...
Commodities
Crude oil price forecast update 20-05-2024
2024-05-20 10:41AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price is testing the key support ...
Commodities
Silver price forecast update 20-05-2024
2024-05-20 10:40AM UTC
Silver Price Analysis Expected Scenario Silver price shows some bearish bias now, ...