Gold price gets a positive motive – Analysis - 11-01-2019
Economies.com
2019-01-11 04:40AM UTC
Gold price keeps its stability above 1286.70 level after testing it yesterday, to resume the positive trading, noticing that stochastic provides positive overlapping signal that we are waiting to motivate the price to achieve more rise in the upcoming sessions.
Therefore, the bullish trend will remain active for today conditioned by the price stability above 1286.70, reminding you that our next main target is located at 1316.65.
Expected trading range for today is between 1280.00 support and 1316.00 resistance.
Expected trend for today: Bullish
Commodities News
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
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios Brent oil price trades with slight negativity to head towards ...
Commodities
Crude oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Crude oil price trades negatively now after facing solid resistance at 83.90$, to hint heading to ...
Commodities
Silver price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Silver price didn’t show any strong move since morning, to fluctuate around 27.20$ level, ...