Midday update for Gold 15-10-2019
Economies.com
2019-10-15 09:28AM UTC
Gold price shows sideways and tight range trading since morning, and it keeps fluctuating between the critical levels that are represented by 1485.00 support and 1512.00 resistance, keeping our neutrality until getting clearer signal for the next trend, reminding you that breaking the support will force the price to decline again and head towards 1447.00 levels initially, while breaching the resistance will allow the price to recover and achieve positive targets that begin at 1555.00.
The expected trading range for today is between 1475.00 support and 1515.00 resistance.
The expected trend for today: Neutral
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 ...