Midday update for Gold 29-11-2018

Economies.com
2018-11-29 10:35AM UTC

Gold price provides positive attempts now in attempt to move away from the EMA50, which supports the continuation of the positive overview for today, as our next main target is located at 1238.30, noting that the price stability above 1220.00 represents the first condition to continue the expected rise.

 

Expected trading range for today is between 1215.00 support and 1240.00 resistance.

 

Expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Oil News

Commodities

Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...

Commodities Technical Analysis

Natural gas Analysis

Commodities

Natural gas price needs new momentum – Forecast today – 25-4-2024
2024-04-25 05:47AM UTC
Natural Gas Price Analysis Natural gas price postponed the bullish attack and formed temporary ...
Gold Analysis

Commodities

Gold price within tight range – Forecast today - 25-04-2024
2024-04-25 05:46AM UTC
Gold Price Analysis Gold price fluctuates within tight range since yesterday, hovering around ...
Platinum Analysis

Commodities

Platinum price holds above the support – Forecast today – 25-4-2024
2024-04-25 05:39AM UTC
Platinum Price Analysis Despite platinum price facing strong negative pressures recently, caused ...