Midday update for Gold 14-09-2023
Economies.com
1 week ago
Gold price resumes its negative trading to move away from 1913.15 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, and the way is open to achieve our first waited target at 1890.00, noting that we expect extending the bearish wave towards 1873.50 areas.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless the price rallied to breach 1913.15 followed by 1917.00 levels and hold above them.
The expected trading range for today is between 1890.00 support and 1920.00 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Is that the real reason behind Saudi Arabia's crude production cuts?
11 hours ago
Saudi energy minister Abdulaziz bin Salman Al Saud said this week about the recent Saudi and ...
Commodities
Palladium declines as dollar muscles up amid global inflation concerns
13 hours ago
Palladium prices fell on Friday as the dollar gained ground against most major rivals and amid ...
Commodities
Oil prices climb for second straight day
16 hours ago
Oil prices rose in European trade on Friday for the second session on track for ten-month highs ...
Commodities Technical Analysis
Commodities
Midday update for Brent oil 22-09-2023
18 hours ago
Brent oil price resumes its positive trading to approach our first waited target at 94.80, waiting ...
Commodities
Midday update for Crude oil 22-09-2023
18 hours ago
Crude oil price shows new positive trades to move above 91.00 barrier now, reinforcing the ...
Commodities
Midday update for Silver 22-09-2023
18 hours ago
Silver price managed to achieve our waited target at 23.70 and attempts to breach it, to support ...