Tag Archives: metals

Gold prices experienced a temporary downturn following a formidable resistance encounter near 2044, compelling a negative trade that approached the support level highlighted in the preceding report at 2025. The lowest point was marked at 2027 before initiating renewed efforts toward an upward recovery. Upon a detailed examination of the …

Gold displayed an upward trend in the previous trading session, aligning with the positive outlook anticipated in the prior technical report. It reached the first official target of $2041 and approached the second target of $2049, achieving its highest level at $2047 per ounce. From a technical perspective, examining the …

Gold prices are actively seeking to sustain an upward trajectory, having successfully retested the robust 2016 support level during the previous trading session. Intraday movements indicate a stabilizing trend above this critical support level. From a technical analysis standpoint today, we maintain a positive outlook on our trading stance. This …

Gold prices experienced a positive trading session as they sought to consolidate around the crucial support floor established in 2024, reaching a pinnacle at $2047 per ounce. In today’s technical analysis, a detailed examination of the 4-hour time frame chart reveals that the price remains steadfastly above the 2024 level, …

Gold prices saw an uptick against the US dollar following the Federal Reserve’s decision to stabilize interest rates, indicating a downward trend. In the previous technical report, we highlighted that a move upwards and consolidation above 2003 would halt the bearish trend. Now, we anticipate gold to target 2019 and …

The technical outlook for gold remains unchanged, with no significant shifts in its movements and a persistent negative stability below the crucial $2000 psychological barrier resistance level. In the realm of technical analysis today, a closer examination of the 4-hour time frame chart reveals sustained negative pressure from the simple …

Gold experienced a significant decline in the initial trading session of the week, following the anticipated downward trajectory after its inability to sustain positive stability above the $2000 threshold, ultimately reaching its lowest point at $1975 per ounce. In terms of technical analysis today, a closer examination of the 4-hour …

The technical outlook remains unchanged, and gold prices maintain negative stability. We did not witness major movements during the previous trading session, so the price stabilized momentarily below the 2035 resistance level, and most importantly 2040. Technically, today, by looking at the 4-period chart, we find that the simple moving …

Gold prices are currently exhibiting a persistent negative trend, with limited fluctuations noted in the preceding trading session. Notably, the price has momentarily stabilized below the critical resistance levels of 2035 and, more significantly, 2040. Technically, a scrutiny of the 4-period chart reveals an ongoing negative cross of the simple …

In the latest trading session, gold experienced a predominant negative trend, aligning with the anticipated bearish outlook and reaching its lowest point at $2009 per ounce. A closer technical analysis reveals ongoing downward pressure, with simple moving averages crossing negatively on the 4-period chart and concurrent negative signals emerging on …