Tag Archives: Gold

Gold prices are currently trading within a narrow range, consolidating between $3,300 support and $3,350 resistance. This consolidation reflects a pause in momentum following recent gains, as the market awaits key catalysts. From a technical perspective, the underlying bullish trend remains intact. The Relative Strength Index (RSI) is showing signs …

The key support level at $3,260, highlighted in the previous report, successfully limited the downside in gold prices during the prior session. Early European trading today has opened with a stable advance above the psychological $3,300 level, reinforcing the bullish structure. From a technical perspective, the uptrend remains intact. The …

Gold prices slid below $3,300 on May 22, 2025, trading at $3,289, down 0.83% from a two-week high of $3,345, as the US dollar rebounded after the House passed President Donald Trump’s $4 trillion deficit-heavy budget. Strong US PMI data and easing unemployment claims further dented gold’s safe-haven appeal, despite …

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. …