Midday update for Gold 12-01-2022

Economies.com
2022-01-12 11:34AM UTC

Gold price settles around 1820.00 level, waiting to get enough positive momentum to push the price to resume the expected bullish trend for the upcoming period, and the price needs to surpass 1825.15 to confirm extending the bullish wave towards 1860.00, reminding you that the continuation of the bullish wave requires holding above 1797.00.

 

The expected trading range for today is between 1805.00 support and 1835.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Oil 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 ...
Gold News

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 ...
Oil 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 Technical Analysis

Brent oil 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 ...
Oil Analysis

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 ...
Silver Analysis

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 ...