Gold price resumes the rise – Analysis - 26-01-2022
Economies.com
2022-01-26 04:55AM UTC
Gold price resumed its positive trading clearly yesterday, reinforcing the expectations of continuing the bullish trend domination, organized inside the bullish channel that appears on the chart, getting continuous positive support by the EMA50, waiting to test 1860.00 level, which breaching it represents the key to rally towards 1900.00 barrier as a next main station.
Holding above 1825.15 is important to continue the expected rise, as breaking it will press on the price to turn to decline and achieve negative targets that start by visiting 1797.00 areas.
The expected trading range for today is between 1835.00 support and 1865.00 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 $30 an ounce for the ...
Commodities
Gold hovers near four-week high ahead of Christopher Waller's remarks
2024-05-17 09:13AM UTC
Gold prices rose in European trade on Friday, resuming gains and approaching four-week highs, and ...
Commodities Technical Analysis
Commodities
Update: Silver price resumes the bullish track
2024-05-17 15:23PM UTC
Silver price rallied upwards strongly to breach 29.80$ level and approach 31.00$ barrier, to stop ...
Commodities
Brent oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price hovers around the EMA50 that ...
Commodities
Crude oil price forecast update 17-05-2024
2024-05-17 09:10AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price shows slight negative trades ...