Gold price gets a negative signal – Analysis - 01-04-2019
Economies.com
2019-04-01 04:32AM UTC
Gold price keeps its stability below 1302.60 level, noticing that stochastic provides negative overlapping signal now, which forms negative motive that we are waiting to push the price to resume the expected bearish wave for the upcoming period, which targets testing 1275.30 level as a next main station.
Therefore, the correctional bearish trend will remain suggested in the upcoming sessions unless breaching 1302.60 level and holding above it again.
The expected trading range for today is between 1275.00 support and 1302.60 resistance.
The expected trend for today: Bearish
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 ...