Gold rises calmly – Analysis - 01-07-2016
Economies.com
2016-07-01 00:52AM UTC
Gold price provided slight positive trades yesterday affected by stochastic positivity on the four hours’ time frame, while the EMA50 continues to provide the positive support to the price, to keep the bullish trend valid and active for the upcoming sessions, which its next main target located at 1400.00.
Note that breaching 1337.00 level will ease the mission of achieving the above mentioned target, while the expected bullish trend will remain valid unless breaking 1303.58 level and holding below it.
Expected trading range for today is between 1300.00 support and 1360.00 resistance.
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
Update: Gold price surpasses the first target
2024-05-17 15:23PM UTC
Gold price succeeded to achieve our first target at 2400.00$ and breached it to confirm the ...
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 ...