Tag Archives: Gold

Gold prices continue to surge within the framework of a strong upward trend, as anticipated in previous reports. The metal has successfully reached the official target at $3,274 and recorded a new session high of $3,286 per ounce during early morning trading. On the 4-hour chart, price action remains firmly …

The key support level highlighted in the previous technical report at $3,190 successfully held, helping to maintain the broader upward trend. Following a rebound from this level, gold prices have resumed their climb, currently trading around $3,228 per ounce at the time of writing. On the 4-hour chart, price action …

It was a very busy week in financial markets as US president Donald Trump continues escalation of his trade attacks on a large number of states, which ended in a 90-days pause of tariffs enforcement on all countries, excluding China which was targeted by the maximum duties with “immediate” enforcement. …

Gold continues its record-breaking rally, reaching $3,167 per ounce during early trading this morning—hitting the official target outlined in the previous technical report. From a technical analysis perspective, the 4-hour chart reflects a strong bullish structure, reinforcing the continuation of the current upward trend. Price action remains comfortably above key …

A potent mix of disappointing US consumer sentiment data and mounting stagflation anxieties has triggered a surge towards safe-haven assets, propelling gold to unprecedented heights, while the US Dollar faces significant headwinds. The US Dollar Index (DXY) has breached the critical 104.00 level, signaling a potential shift in investor confidence …

Gold prices continue their record-breaking rally, surpassing the previous peak and setting a new all-time high near $3,038 per ounce, exceeding the projected target of $3,020. From a technical perspective, the 4-hour chart shows that gold remains well-supported by the simple moving averages, which continue to reinforce the upward trend. …

Gold concluded the week on a strong upward trajectory, recording significant gains driven by the weakness of the U.S. dollar. This performance was further bolstered by diminished risk appetite in financial markets and reports highlighting a substantial increase in central bank purchases of the precious metal. Several factors contributed to …

We previously maintained a neutral stance, emphasizing the need to monitor price behavior around the 2930 resistance level. A confirmed breakout above this level was expected to pave the way for a return to 2940, which was successfully achieved, marking a record high of $2940 per ounce. Technical Analysis On …

During yesterday’s European session, gold traded sideways, confined by the psychological support at 2900 and a pivotal resistance at 2930. On the 4‑hour chart, gold began to test the support floor at 2900 during the previous American session, recording a low of $2880 per ounce. Simple moving averages are now …

Yesterday, gold experienced a bearish trend, approaching the previously identified support at 2886 and recording a low of 2891. Technical Outlook Chart Patterns: On the 4-hour timeframe, an ascending technical formation resembling an inverted head and shoulders is visible. The simple moving averages continue to support the daily upward trend, …