Gold price resumes rising – Analysis - 15-08-2019
Economies.com
2019-08-15 03:47AM UTC
Gold price traded with strong positivity yesterday to settle above 1520.00 barrier now, reinforcing the expectations of achieving more gains in the upcoming period, waiting to visit 1560.00 level that represents our next main target.
The EMA50 continues to support the expected bullish wave, taking into consideration that breaking 1483.60 will stop the expected rise and press on the price to achieve more bearish correction.
The expected trading range for today is between 1510.00 support and 1545.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold scales fresh record highs and marks weekly gains
2024-05-17 21:03PM UTC
Gold prices rose on Friday and scaled fresh record highs, marking the second weekly profit in a ...
Commodities
Silver about to trade above $30 once more for first time in 3 years
2024-05-17 11:54AM UTC
Silver prices rose in European trade on Friday, resuming gains and approaching $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities Technical Analysis
Commodities
Coffee price renews the positive action – Forecast today – 20-5-2024
2024-05-20 05:49AM UTC
Coffee Price Analysis Expected Scenario The coffee price took advantage of the MA55 ...
Commodities
Natural gas price approaches the second target – Forecast today – 20-5-2024
2024-05-20 05:49AM UTC
Natural Gas Price Analysis Expected Scenario The natural gas price resumed the bullish ...
Commodities
Platinum price tends to resume the bullish attack – Forecast today – 20-5-2024
2024-05-20 05:42AM UTC
Platinum Price Analysis Expected Scenario The platinum price repeated attempts to breach ...