Midday update for Gold 31-05-2022

Economies.com
2022-05-31 09:09AM UTC

Gold price shows positive trades to move away from 1850.00 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, motivated by stochastic current positivity, waiting to head towards 1890.00 as a next main station, reminding you that the continuation of the bullish wave conditions holding above 1850.00 and 1838.10 levels.

 

The expected trading range for today is between 1840.00 support and 1875.00 resistance.

 

Open Live Trading Account

The expected trend for today: Bullish

Commodities News

Oil News

Commodities

Oil prices extend losses to 3%, hitting April lows
2024-04-17 18:33PM UTC
Oil prices fell on Wednesday and sharpened their losses considerably following US inventory data, ...
Gold News

Commodities

Gold prices edge away from record highs
2024-04-17 18:26PM UTC
Gold prices fell on Wednesday even as the dollar lost ground against most major rivals, with ...
Oil News

Commodities

Oil prices plumb two-week lows as concerns about Iran-Israel war fade
2024-04-17 15:23PM UTC
Oil prices fell in American trade on Wednesday, extending losses for the second straight day and ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 17-04-2024
2024-04-17 17:52PM UTC
Crude oil price trades with strong negativity to break the bullish channel’s support line and ...
Brent oil Analysis

Commodities

Brent oil price forecast update 17-04-2024
2024-04-17 09:25AM UTC
Trend Forecast for Brent Oil Price Expected Scenario near the Bullish Channel’s Support ...
Oil Analysis

Commodities

Crude oil price forecast update 17-04-2024
2024-04-17 09:25AM UTC
Trend Forecast for Crude Oil Price Expected Scenario upon Breaching 85.40$ Level Crude oil ...