Gold price gets a positive close – Analysis - 13-01-2022
Economies.com
2022-01-13 05:02AM UTC
Gold price closed the daily candlestick above 1825.15 level, reinforcing the expectations of continuing the bullish trend on the intraday basis, waiting to get positive motive to assist to push the price towards 1860.00 that represents our next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that failing to consolidate above 1825.15 will press on the price to decline towards 1797.00 areas again before any new attempt to rise.
The expected trading range for today is between 1810.00 support and 1840.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Palladium sharpens decline to below $1000 an ounce
2023-12-08 16:57PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, sharpening losses to ...
Commodities
Gold edges up ahead of US jobs data
2023-12-08 08:12AM UTC
Gold prices rose in European trade on Friday for the third straight session ahead of US monthly ...
Commodities
Oil prices try to recover from six-month trough
2023-12-07 13:55PM UTC
Global oil prices rose on Thursday for the first time in six days away from six-month lows as the ...
Commodities Technical Analysis
Commodities
Evening update for Gold 08-12-2023
2023-12-08 15:05PM UTC
Gold price broke the bullish channel’s support line clearly and closed the last four ...
Commodities
Midday update for Brent oil 08-12-2023
2023-12-08 10:36AM UTC
Brent oil price attempted to breach 75.60 level but it returned to fluctuate below it again, which ...
Commodities
Midday update for Crude oil 08-12-2023
2023-12-08 10:36AM UTC
Crude oil price traded with additional positivity to attack 70.50 level but it returned to trade ...