Midday update for Gold 16-03-2023

Economies.com
6 months ago

Gold price resumes its positive trading to approach 1928.60 level, waiting to breach this level to confirm extending the bullish wave towards our next target that reaches 1960.00.

 

Holding above 1905.00 is important to continue the expected rise, as breaking it will press on the price to face intraday negative pressure that targets visiting 1878.80 before any new positive attempt.

 

Advertistment

The expected trading range for today is between 1895.00 support and 1935.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices sharpen decline to two-week trough on interest rate concerns
12 hours ago
Oil prices fell in European trade on Tuesday for the second session, plumbing a two-week trough ...
Gold News

Commodities

Gold declines to two-week trough as US yields power up
18 hours ago
Gold prices fell in European trade for the second session, plumbing a two-week trough and almost ...
Gold News

Commodities

Gold declines as dollar gains ground, while US treasury yields spike
1 day ago
Gold prices fell on Monday as the dollar gained ground against most major rivals while US treasury ...

Commodities Technical Analysis

Oil Analysis

Commodities

Evening update for Crude oil price 26-09-2023
8 hours ago
Crude oil price rallied upwards strongly to breach 89.35 level and reach the most important ...
Brent oil Analysis

Commodities

Midday update for Brent oil 26-09-2023
16 hours ago
Brent oil price achieved a clear break to 92.74 level and closed the last four hours candlestick ...
Oil Analysis

Commodities

Midday update for Crude oil 26-09-2023
16 hours ago
Crude oil price achieved an initial break to 89.35 level and attempts to settle below it, which ...