Midday update for Gold 23-01-2024

Economies.com
2024-01-23 09:47AM UTC

Gold price provided positive trades to surpass the EMA50 and attempts to hold above it, reinforcing the expectations of continuing the bullish trend on the intraday basis, motivated by stochastic positivity, waiting to test 2065.70 level as a next main target, reminding you that the continuation of the bullish wave depends on the price stability above 2016.90.

 

The expected trading range for today is between 2010.00 support and 2045.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Palladium News

Commodities

Palladium driven lower by dollar's strength
2024-06-14 15:05PM UTC
Palladium prices fell on Friday as the dollar muscled up against most major rivals, and amid ...
Gold News

Commodities

Gold prices rise 1.25% as US yields decline
2024-06-14 11:58AM UTC
Gold prices rose 1.25% in European trade on Friday on track for the first weekly profit in a month, ...
Gold News

Commodities

Gold declines 1.5% as dollar strengthens
2024-06-13 18:59PM UTC
Gold prices fell on Thursday as the dollar rallied against most major rivals following ...

Commodities Technical Analysis

Gold Analysis

Commodities

Gold price gets negative motive – Forecast today - 17-06-2024
2024-06-17 08:48AM UTC
Gold Price Analysis Expected Scenario Gold price begins to rebound bearishly after ...
Natural gas Analysis

Commodities

Natural gas price threats the positive stability – Forecast today – 17-6-2024
2024-06-17 06:57AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price started today by forming a ...
Platinum Analysis

Commodities

Platinum price hovers near the support – Forecast today – 17-6-2024
2024-06-17 06:51AM UTC
Platinum Price Analysis Expected Scenario Platinum price didn’t move until this ...