Midday update for Gold 11-04-2022
Economies.com
2022-04-11 09:18AM UTC
Gold price trades with clear positivity to approach the key resistance 1960.00, hinting to head to surpass this level and activate the positive scenario in the upcoming sessions, but we still neutral until the price confirms breaching this resistance or breaking 1925.35 support to detect the next taregts clearly.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 1925.00 support and 1965.00 resistance.
The expected trend for today: Neutral
Commodities News
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
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios Brent oil price trades with slight negativity to head towards ...
Commodities
Crude oil price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Crude oil price trades negatively now after facing solid resistance at 83.90$, to hint heading to ...
Commodities
Silver price forecast update 24-04-2024
2024-04-24 09:29AM UTC
Silver price didn’t show any strong move since morning, to fluctuate around 27.20$ level, ...