Tag Archives: Gold

Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session. Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week’s key …

The yellow metal prices maintained the bullish bias after stabilizing intraday above the previously breached resistance level at 1797. Technically, by looking at the chart, we notice a conflict of technical signals between the continuation of the positive motive for the 50-day moving average, which still supports the bullish price …

Gold prices approached levels of $1800 an ounce Monday, October 25th, which is considered an important level for investors, influenced by the dollar’s decline, and investors were preoccupied with assessing the possible response of the US Federal Reserve to inflationary pressures after its Chairman said that inflation may continue for …

Gold prices surged significantly at the end of last week’s trading, within the expected bullish path in the previous analysis, in which we relied on confirming the breach of 1789, targeting 1799 to surpass the official target station, recording the highest of 1813. Technically, by looking at the 4-hour chart, …

The yellow metal rose for the fourth consecutive session, supported by the weakness of the dollar, while inflationary pressures boosted demand for the precious metal as a safe haven. Spot gold rose 0.5% to $1,790.91 an ounce. US gold futures rose 0.6% to $1,792. The dollar index is heading down …

Bearish trading tends to the positivity that dominated gold’s movements during the previous trading session, and there was no significant change in the technical signals. On the technical side today, we find the simple moving averages still supporting the bullish price curve, accompanied by positive signals coming from the RSI …

Gold prices rose for a third consecutive session on Thursday as a weaker dollar lifted the allure of bullion, while investors assessed whether rising inflation would prompt central banks to raise interest rates sooner than expected. Spot gold rose 0.1 percent to $1,782.70 an ounce, and US gold futures rose …

The yellow metal prices are moving marginally to the upside, recording its highest level during the previous trading session 1789, after building on the support of 1770. On the technical side today, we find the simple moving averages still supporting the bullish price curve, accompanied by positive signs coming from …

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 …