Gold price resumes rising – Analysis - 18-02-2020
Economies.com
2020-02-18 05:51AM UTC
Gold price opens today’s trading with new bullish bias to move away from 1575.90 level, reinforcing the expectations of continuing the main bullish trend, which gets positive support by the EMA50, waiting to visit 1611.20 level that represents our next main target.
Holding above 1575.90 is important to continue the expected rise, as breaking it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 1575.00 support and 1605.00 resistance.
The expected trend for today: Bullish
Commodities News
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
Gold declines to two-week lows
2024-04-23 20:50PM UTC
Gold prices fell on Tuesday even as the dollar fell against most major rivals ahead of important ...
Commodities
Oil prices hover at three-week lows as global supply concerns fade
2024-04-23 13:04PM UTC
Global oil prices fell in European trade on Tuesday on track for the second loss, almost touching ...
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, ...