Gold price tests the support – Analysis - 26-07-2019

Economies.com
2019-07-26 04:32AM UTC

Gold price tested the key support 1410.90 and keeps its stability above it, accompanied by witnessing positive overlapping signals through stochastic, waiting to motivate the price to resume the bullish wave in the upcoming sessions, reminding you that our next main target is located at 1450.00.

 

Therefore, we will keep our bullish overview for today, noting that breaking 1410.90 will stop the positive scenario and press on the price to start bearish correction that its next main target located at 1385.00.

 

The expected trading range for today is between 1405.00 support and 1440.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Gold News

Commodities

Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Gold 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 ...
Gold News

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 Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Oil Analysis

Commodities

Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Silver Analysis

Commodities

Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...