Tag Archives: Gold

Gold prices succeeded in touching the official target station of the current wave of decline at 1765, recording its lowest price during the early trading of the current session at 1760. Technically speaking, with gold continuing to get negative pressure from the simple moving averages, coinciding with the negative signs …

Gold prices rose on Thursday, registering its first rise after four consecutive declines, including the formation of a death cross on Wednesday. Recovering some its weekly losses, gold futures for April delivery rose by $2.20, or 0.1%, to close at the level of $1,775 per ounce. Yesterday, the most active …

Gold prices were exposed to a strong downward wave, as we expected in the previous analysis, touching the first target to be achieved at 1777, approaching a few points from the official target of 1765, to record the lowest price of 1769. Technically, the intraday trading remains below the resistance …

Gold prices declined on Wednesday for the fourth consecutive session, reaching its lowest levels since June of last year. The yellow metal losses are attributed to the rise of Treasury yields and a positive performance by the U.S. Dollar (USD). Gold futures for April delivery dropped by $26.20, or 1.5%, to …

Gold prices fell by as much as 1.7% on Tuesday, February 16th, to their lowest level in more than a week with the rise in US Treasury bond yields, while platinum fell in volatile trading after a rally that brought it to its highest level in six and a half …

The yellow metal suffered heavy losses during the previous trading session, after it succeeded in breaking the pivotal support level indicated during the previous analysis, 1810, indicating that trading below 1810 makes the bearish tendency impose its control again to target 1801 and losses may extend later towards 1792, to …

Gold prices declined on Tuesday, losing the key $1,800 support level, as the U.S. Treasury yields rose significantly leading to increased demand from investors. The yellow metal futures for April delivery dropped by $24.20, or 1.3%, to close at $1,799 per ounce. This is the lowest closing level for gold’s …

Gold prices are showing a declining performance on Tuesday, amid a rise in the United States Treasury yields and a strong rebound by the U.S. Dollar (USD). In addition, an improved risk sentiment among investors is reducing demand for safe havens in favor of riskier assets. Spot gold is currently …

Positive trades dominate the movements of gold, taking advantage of building on the strong support floor located at 1810. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the price stability above the 50-day moving average, in addition to gold …

Gold prices found a solid support level at our first target mentioned in the previous analysis at 1810, which forced it to rebound again to test the 1830 resistance level. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the …