Gold price resumes the decline – Analysis - 11-07-2018
Economies.com
2018-07-11 03:58AM UTC
Gold price begins today’s trading with new bearish bias, resuming its bearish track that its next target located at 1236.41, to keep the bearish trend suggested in the upcoming sessions, reminding you that breaking the mentioned level will extend Gold price losses to reach 1204.00 as a next station.
Holding below 1267.00 is important to continue the expected decline, as breaching it will push the price to start recovery attempts that target 1285.90 areas initially.
Expected trading range for today is between 1236.00 support and 1260.00 resistance.
Expected trend for today: Overall bearish
Commodities News
Commodities
Gold gains ground as dollar dips while traders digest Fed's decisions
2024-05-02 18:30PM UTC
Gold prices rose on Thursday as the dollar fell against most major rivals, while investors digest ...
Commodities
Oil prices try to recover from seven-week lows
2024-05-02 13:05PM UTC
Global oil prices rose in European trade on Thursday for the first time in five sessions away from ...
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities Technical Analysis
Commodities
Wheat price is recovering – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Wheat Price Analysis Wheat price bounced clearly upwards after the 597.10$ level formed solid ...
Commodities
Soybean price reactivates the correctional scenario – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Soybean Price Analysis Soybean price breached the 1193.10$ level clearly and closed the daily ...
Commodities
Corn price hits the target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
Corn Price Analysis Corn price rallied upwards yesterday to succeed achieving our first waited ...