Tag Archives: Gold

Gold experienced a downward trend during yesterday’s session, moving within a weak and somewhat indecisive pattern that deviated from the anticipated bullish outlook. Despite this, the price remained above the key support level of $3,390, recording a session low at $3,373 per ounce. From a technical standpoint, today’s outlook remains …

Gold prices surged significantly, propelled by intensifying geopolitical tensions, surpassing the official target of $3,416 mentioned in the previous technical report and reaching a new all-time high of $3,451 per ounce. Technically, while the Relative Strength Index (RSI) indicates overbought conditions, which could suggest a temporary slowdown, the broader trend …

Gold prices exhibited mixed behavior during recent sessions, initially continuing the expected corrective decline and approaching the first downside target of $3,312, as highlighted in the previous technical report. The metal recorded a low of $3,315 before reversing course, driven by a sharp rebound following the release of U.S. inflation …

Gold prices showed mixed performance during the previous session, largely aligning with the anticipated downward corrective trend outlined in the prior technical report. The bearish scenario was initially supported by trading remaining below the $3,325 resistance level. However, as cautioned, any attempt to break above $3,325–$3,331 would invalidate that outlook. …

Gold prices experienced mixed performance during the previous trading session, with bullish momentum fading and the market opening today with a bearish bias. From a technical standpoint, a closer analysis of the 4-hour chart shows that gold failed to break through the critical resistance level at $3,325. The simple moving …

Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the previous week. The market’s focus was squarely on high-level U.S.-China trade talks scheduled for later in the day, which fueled optimism for a potential de-escalation in the trade conflict between the two largest economies in …

Gold prices traded in a narrow range during Asian hours on Wednesday, as investors balanced a modest return in risk appetite against persistent safe haven demand. Speculation over a possible meeting between U.S. President Donald Trump and China’s President Xi Jinping helped buoy market sentiment, but gold remained well-supported amid …

Gold prices slipped in Asian trade on Tuesday as traders booked profits after a strong rally fueled by renewed geopolitical risks and persistent trade tensions. The yellow metal had surged over 2% on Monday, buoyed by heightened uncertainty surrounding the Russia-Ukraine war, U.S.-Iran nuclear talks, and ongoing concerns about U.S. …

Gold prices saw large, broad movements during the previous trading session, fueled by strong upward momentum that pushed the price to a high of $3,392 per ounce. From a technical perspective, the 4-hour chart shows that the simple moving averages continue to support the daily uptrend. However, negative signals are …

Gold prices gained in Asian trading on Monday, as heightened tensions between the U.S. and China and uncertainty surrounding President Donald Trump’s tariff agenda fueled demand for safe-haven assets. Broader metal markets also found support from a softer dollar, after a Federal Reserve official hinted at the possibility of interest …