Gold price within continuation pattern – Analysis - 25-03-2021
Economies.com
2021-03-25 05:17AM UTC
Gold price’s recent trades are confined within symmetrical triangle’s pattern that its signs appear on the chart, thus, the price needs to breach 1737.00 followed by 1740.00 levels to reinforce the chances of continuing the expected bullish trend for the upcoming period, which its next target located at 1765.00.
Therefore, we will keep our bullish overview unless breaking 1729.00 followed by 1722.00 levels and holding below them.
The expected trading range for today is between 1722.00 support and 1760.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities
How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...