Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Gold price forecast update 20-09-2024

Economies.com
2024-09-20 09:08AM UTC

Gold price rallied upwards again to achieve our waited target at 2600.00$ and breach it to confirm the continuation of the bullish trend domination in the upcoming sessions, on its way to achieve more expected rise on the intraday and short-term basis, reminding you that our next station is located at 2634.50$.

 

Therefore, the bullish trend will remain dominant for today, noting that holding above 2590.00$ represents initial condition to the continuation of the expected rise and guarantee not turning to decline.

 

The expected trading range for today is between 2580.00$ support and 2615.00$ resistance.

 

Trend forecast: Bullish

The GBPUSD forecast update 20-09-2024

Economies.com
2024-09-20 09:08AM UTC

The GBPUSD price resumes its positive trading clearly to test the bullish channel’s resistance line, waiting for more rise to achieve our next positive targets at 1.3335$ followed by 1.3400$, supported by the EMA50 that keeps carrying the price from below, reminding you that the continuation of the bullish wave depends on the price stability above 1.3265$.

 

The expected trading range for today is between 1.3210$ support and 1.3370$ resistance.

 

Trend forecast: Bullish

The EURUSD price forecast update - 20-09-2024

Economies.com
2024-09-20 09:08AM UTC

The EURUSD price shows new positive trades, and we need to get positive momentum that assist to push the price to continue the rise and achieve our first waited target at 1.1200$, which breaching it represents the key to rally towards 1.1270$ followed by 1.1350$ levels.

 

In general, we will continue to suggest the bullish trend for today unless breaking 1.1100$ and holding below it.

 

The expected trading range for today is between 1.1090$ support and 1.1250$ resistance.

 

Trend forecast: Bullish

The GBPAUD repeats the positive closings – Forecast today – 20-9-2024

Economies.com
2024-09-20 05:51AM UTC

The GBPAUD price repeated the positive closings above the breached resistance at 1.9325, to form solid support against the attempts to build new bullish track, to notice recording many gains recently by fluctuating near 1.9515.

 

We expect to get continuous positive momentum by the major indicators to renew the bullish rally and target 1.9600 level soon, followed by attempting to press on 1.9670 obstacle in order to find a way to resume the bullish attack in the upcoming period.

 

The expected trading range for today is between 1.9460 and 1.9600

 

Trend forecast: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3375.450 (2025-08-06 06:15AM UTC)