Gold price settles at the support – Analysis - 08-01-2021
Economies.com
2021-01-08 03:48AM UTC
Gold price settles at the intraday bullish channel’s support line, as the EMA50 meets this support to protect trading inside the mentioned channel, while stochastic continues to provide the positive signals.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1905.00, reminding you that our next target is located at 1970.00.
The expected trading range for today is between 1900.00 support and 1940.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities
Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price broke the 87.67$ level ...
Commodities
Crude oil price forecast update 18-04-2024
2024-04-18 11:12AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price resumes its negative trading ...
Commodities
Gold price forecast update 18-04-2024
2024-04-18 11:09AM UTC
Gold Price Analysis Expected Scenario Gold price shows additional positive ...