Tag Archives: Gold

Gold prices have surged in recent intraday trading, breaking decisively above the key $3,270 resistance level and reaching a new high of $3,345. From a technical analysis perspective, the bullish trend remains firmly in place. The Relative Strength Index (RSI) continues to gain upward momentum, holding above the 50 midline, …

Gold prices declined sharply in the previous session, pressured by profit-taking after strong gains earlier in the year. The market reached key downside targets outlined in the previous report, with prices falling Gold prices saw mixed trading in the previous session, briefly approaching the first downside target at $3,112 before …

Gold prices declined sharply in the previous session, pressured by profit-taking after strong gains earlier in the year. The market reached key downside targets outlined in the previous report, with prices falling to a low of $3,148 during early trading today. From a technical perspective, the 4-hour chart reveals a …

US dollar managed to grasp confidence of investors gradually after positive developments of a potential trade deal between Washington and Beijing throughout last trading week. The possibility to de-escalate trade war between USA and China after increased US president Donald Trump said that the huge tariffs on China could be …

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. …