Gold price achieves the first target – Analysis - 26-03-2019
Economies.com
2019-03-26 05:09AM UTC
Gold price continued to rise yesterday to surpass 1320.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the price continues to move inside the bullish channel that apears on the chart, getting good positive support by the EMA50.
Therefore, we believe that the way is open to achieve more gains in the upcoming sessions, as our next main target is located at 1346.73, while achieving it conditions holding above 1302.60.
The expected trading range for today is between 1310.00 support and 1340.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...