Midday update for Gold 05-12-2018
Economies.com
2018-12-05 10:29AM UTC
Gold price settles below 1238.30 level, to keep the expected bearish trend active for today, which its next main target located at 1208.40, taking into consideration that breaching 1238.30 and holding above it will stop the expected decline and lead the price to achieve gains that reach 1262.51.
Expected trading range for today is between 1215.00 support and 1245.00 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Will gold prices scale $3000 an ounce in 2024?
2024-04-16 11:59AM UTC
Gold prices continued to move in a positive zone and approached the record highs scaled last week ...
Commodities
Gold enters a downward correctional cycle in wait for Israeli response
2024-04-16 08:43AM UTC
Gold prices declined in European trade on Tuesday on profit-taking, after the precious metal ...
Commodities
Brent backs off six-month peak as Iran-Israel war concerns subside
2024-04-15 13:18PM UTC
International benchmark Brent fell in European trade off six-month highs, trading below $90 a ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 16-04-2024
2024-04-16 09:52AM UTC
Brent Oil Price Forecast Brent oil price finds solid resistance at 90.90$, to show negative ...
Commodities
Crude oil price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Crude Oil Price Forecast Crude oil price trades negatively to press on 85.45$ support line, ...
Commodities
Silver price forecast update 16-04-2024
2024-04-16 09:48AM UTC
Silver Price Forecast Silver price faces clear negative pressure now, to approach the key ...