Tag Archives: Gold

The yellow metal prices achieved the positive outlook as we expected yesterday, to retest the target at 1785, recording its highest level at 1785. On the technical side, the resistance level represented by the target managed to cap the bullish bias, which forced gold to trade with intraday negativity to …

Gold prices found a good support floor near the 1760 level to return to the limited bullish bounce and hovering around its highest level during the early trading of today’s session at 1775. Looking at the 240-minute chart, we notice the positive motive coming from the 50-day moving average, which …

The technical outlook is unchanged, and the movements of gold did not change significantly during the previous trading session, as part of attempts to breach the resistance level of the psychological barrier 1800, unable to breach it so far. Technically, by looking at the 4-hour chart, we notice a conflict …

Gold rose to the highest in a month as investors sought haven amid stubbornly high inflation and the looming reduction in stimulus.Real interest rates fell and that supported gold. There is a rising perception in the market that inflation could stay elevated for longer.The U.S. consumer price index data paves …

The yellow metal achieved noticeable gains yesterday, nullifying the negative outlook as we expected. We relied on the trading stability below the 1770/1768 resistance level, touching the stop-loss order at 1770. We mentioned that any attempts to breach 1770 would cancel the bearish scenario immediately and lead Gold to achieve …

Gold prices witnessed positive, but still limited movements aimed at retesting the pivotal resistance level published during the reports of this month at 1768, and it is still stable below it so far. Today’s technical vision indicates the possibility of resuming the decline, relying on price stability below 1768 represented …

Gold prices rose on Tuesday, October 12 as risk aversion and inflation concerns added to the yellow metal’s allure, but expectations that the US Federal Reserve would start cutting economic stimulus capped gains. Spot gold rose 0.3% to $1,759.56 an ounce by 07:20 GMT, while US gold futures rose 0.3% …

The technical outlook is unchanged, and the movements of gold did not change much, maintaining the movements within a sideways range that tends to be negative. On the technical side, we find gold prices are still stable below the pivotal resistance level published during the previous analysis, located at 1768, …

Gold prices have gone back and forth during Monday’s trading session, and continued to hang out above the $1750 level.Investors continue to pay close attention to interest rates in the U. S, as they will have a massive influence on what happens next.A breakdown below the $1750 level could send …

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. ECB Hashad explained that we had seen a lot of hints from the European …