Midday update for Gold 26-05-2020
Economies.com
2020-05-26 09:35AM UTC
Gold price tests the key support 1725.90 and attempts to break it, which hints the price head to activate the negative scenario in the upcoming sessions, and we need to confirm breaking this level to head towards 1691.10 as a main negative target.
Until now, we still neutral until the price confirms breaking the mentioned support or breaching 1742.00 to detect the next destination clearly.
The expected trading range for today is between 1705.00 support and 1750.00 resistance.
The expected trend for today: Depends on the above mentioned levels
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Brent Oil Price Analysis Expected Scenario The Brent oil price bounced downwards strongly ...
Commodities
Crude oil price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price couldn’t manage to hold ...
Commodities
Silver price forecast update 19-04-2024
2024-04-19 10:43AM UTC
Silver Price Analysis Expected Scenario Silver price returns to test the key support at ...