Gold price is stable – Analysis - 17-09-2019

Economies.com
2019-09-17 05:06AM UTC

Gold price did not show any strong move yesterday, to remain stable near the main bullish trend line, noticing that stochastic gathers the positive momentum and approaches the oversold areas, waiting to motivate the price to resume the bullish bias in the upcoming sessions.

 

Therefore, we will keep our bullish overview conditioned by the price stability above 1485.00, reminding you that our targets begin at 1524.00 and extend to 1555.00 after breaching the previous level.

 

The expected trading range for today is between 1485.00 support and 1525.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices extend gains after strong US growth data
2024-03-28 13:03PM UTC
Global Oil Prices Global oil prices extended their gains in American trade on Thursday and hit ...
Gold News

Commodities

Gold climbs as dollar stabilizes ahead of important data
2024-03-27 21:29PM UTC
Gold prices rose on Wednesday as markets await important US data this week while the dollar trades ...
Oil News

Commodities

US crude stocks rise unexpectedly
2024-03-27 15:39PM UTC
The Energy Information Administration reported a buildup of 3.2 million barrels in US crude stocks ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Brent Oil Price Analysis Brent oil price fluctuates within tight track since morning, settling ...
Oil Analysis

Commodities

Crude oil price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Crude Oil Price Analysis Crude oil price settles around 82.00$ level since morning, and ...
Silver Analysis

Commodities

Silver price forecast update 28-03-2024
2024-03-28 10:19AM UTC
Silver Price Analysis Silver price faces expected negative pressure to test the key support ...