Midday update for Gold 21/10/2014
Economies.com
2014-10-21 10:28AM UTC
Gold price tested 1250.00 areas and shows some bearish bias affected by stochastic negativity, while the overall bullish trend remains valid and preferred for today depending on breaching 1240.50 level yesterday besides the stability of the price above 1231.00 level, where the EMA50 continues to support the expected bullish wave, waiting for targeting levels reach to 1290.00.
Expected trading range for today is between: 1231.00 support and 1265.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Commodities
US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...
Commodities
Gold under pressure as dollar gains ground
2024-05-08 10:04AM UTC
Gold prices fell on Wednesday on track for the second day in a row, about to trade below the ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price succeeded to touch our waited ...
Commodities
Crude oil price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear negativity ...
Commodities
Silver price forecast update 08-05-2024
2024-05-08 09:36AM UTC
Silver Price Analysis Expected Scenario Silver price trades negatively now to approach ...