Tag Archives: metals

Gold prices continue their ascent, reaching historic peaks at $2236 per ounce in the previous trading session, surpassing the previous record of $2224. From a technical perspective, today’s movements show stability above the resistance level of 2222, with the simple moving averages providing support for the daily upward price trend. …

The price of gold experienced a positive trading session, reaching significant gains and continuing its upward trajectory to achieve new historical peaks, with a peak at $2222 per ounce. In terms of technical analysis today, observing the 240-minute timeframe chart, the upward movement halted after reaching $2222, and the price …

Gold prices experienced mixed trading during the first trading session of the week, testing the main support level around 2145 and maintaining positive stability above it. From a technical perspective, examining the 4-hour time frame chart reveals that gold remains stable above the previously breached resistance, now acting as a …

For the second session in a row, levels of 2157 were able to limit the downward trend witnessed by gold prices, maintaining positive stability, and at the time of the report, it was trading around $2165 per ounce. From the angle of technical analysis today, by looking at the 4-hour …

Gold prices have rebounded, resuming their official upward trajectory and negating the need for the retesting scenario outlined in the previous technical report. The metal settled with its lowest level recorded at $2157 per ounce. Today’s technical analysis, focusing on the 4-hour timeframe chart, indicates continued support from the simple …

In the previous trading session, negative sentiment dominated the price movements of gold following the release of US inflation data, which bolstered the dollar’s performance at the expense of gold’s attractiveness. Today’s technical analysis reveals that the 2184 resistance level is exerting downward pressure on the price, while a closer …

Gold prices have sustained their impressive rally into the second consecutive week, reaching a pinnacle during the initial trading sessions of this week at $2,189 per ounce, marking a new record high. Today’s technical analysis, focusing on the 4-hour timeframe chart, reveals that the simple moving averages remain supportive of …

Gold prices have continued their remarkable ascent, defying our earlier anticipation of a bearish trend. In our previous report, we emphasized the significance of trading below the historical resistance level of 2144. However, with the price surging beyond this historical peak, reaching $2161 per ounce at the opening of today’s …

Gold prices experienced significant gains during the previous trading session, in line with the anticipated positive trend, nearing the historical peak recorded around $2144 per ounce and reaching a high of $2141. Analyzing the technical aspects today, particularly on the 4-hour timeframe, we observe that the resistance level at $2144, …

Gold prices surged in the latest trading session, surpassing the targets outlined in technical reports from the previous week. The precious metal reached a peak of $2118 per ounce, marking a significant milestone in its upward trajectory. Analyzing the 4-hour chart through a technical lens reveals that the simple moving …