Midday update for Gold 29-11-2022
Economies.com
6 months ago
Gold price shows more bullish bias to move away from 1746.40 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 1765.00 as a first station, noting that breaching it will open the way to head towards 1786.50 as a next positive target, while holding above 1746.40 represents key condition to continue the expected rise.
The expected trading range for today is between 1735.00 support and 1770.00 resistance.
The expected trend for today: Bullish
Commodities News
Commodities
Palladium climbs as dollar reverses course
3 days ago
Palladium prices rose on Friday as the dollar lost ground against most major rivals while ...
Commodities
Oil prices on track for second weekly profit in row
3 days ago
Oil prices rose in European trade on Friday after a pause from gains yesterday on profit-taking off ...
Commodities
Silver prices on track for the third weekly loss in row as dollar strengthens
3 days ago
Silver prices rose in European trade for the first time in five days off two-month lows hit earlier ...
Commodities Technical Analysis
Commodities
No news for natural gas price – Analysis – 30-5-2023
46 minutes ago
No news for natural gas price, to continue forming weak sideways waves near 2.350 and keep its main ...
Commodities
Platinum price tends towards the negativity – Analysis – 30-5-2023
49 minutes ago
Despite the recent platinum price weak trades, its frequent consolidation near the MA55 confirms ...
Commodities
Copper price postpones the decline – Analysis – 30-5-2023
50 minutes ago
Copper price was affected by the stability of the historical support 3.5500, to force it to ...