Tag Archives: metals

Gold prices experienced significant losses in the last trading session, aligning with the anticipated negative trend outlined in the previous technical report. The prices touched the official target by breaking the support at $2016, reaching $2000 per ounce. In the current technical analysis, focusing on the 240-minute chart, the price …

Gold prices experienced negative trading in line with the expected downward trajectory outlined in yesterday’s technical report, reaching the designated target at $2037 and marking a low at $2024 per ounce. Analyzing the 4-hour chart today reveals stability in trading below the support level of 2037, with gold still under …

Gold prices are currently experiencing a downward trend after facing resistance at the critical level of 2065, leading to negative stability. From a technical standpoint today, examining the 240-minute chart reveals emerging signs of negativity on the Stochastic indicator. Simultaneously, clear negative trends are evident on the 14-day momentum indicator. …

Gold experienced a downward trend in the previous trading session, testing the main support around 2016, before concluding the day’s trading above this support and embarking on an upward rebound, targeting a retest of 2035. Analyzing the 240-minute chart, conflicting technical signals emerge. The 50-day simple moving average poses a …

Gold prices recently touched the designated support level, established at the 2016 price, reaching a low of $2016 per ounce. The technical analysis indicates a subsequent upward rebound following this contact with the robust 2016 support level, prompting a retest of the 2040 resistance level. Examining the 4-hour time frame …

Gold prices exhibited diverse movements, initially achieving the first upward target as indicated in the previous report, reaching the price of 2076 and marking a peak at 2078. However, subsequent negative pressure led to a decline, and the price recorded $2055 per ounce. From a technical analysis perspective today, a …

Gold prices are striving to maintain a positive stance as the first trading sessions of the week commence, successfully re-establishing stability above the crucial support level of 2065. From a technical analysis standpoint, a closer examination of the 4-hour chart reveals that the simple moving averages are reinforcing the upward …

Gold prices maintained the expected upward trend during the previous technical report, continuing to build a rising wave, exceeding yesterday’s official target station of 2078, recording its highest level of $2088 during early trading in today’s session. From the angle of technical analysis today, and with a closer look at …

Gold prices have experienced a notable surge, aligning with the positive outlook outlined in the recent technical report issued last Friday. The precious metal reached the official target of $2068 and attained its highest level at $2069 per ounce during yesterday’s trading session. Today’s technical analysis suggests the potential for …

Gold prices successfully reached the initial target outlined in the previous technical report, hitting the price of 2051 and achieving a peak at $2055 per ounce. On the technical front today, a closer examination of the 240-minute time frame chart reveals that the simple moving averages continue to provide a …