Tag Archives: metals

Gold prices suffered heavy losses during last Friday’s trading within the negative outlook expected during the previous technical report, touching the first target of 1853 and approaching, within a few points, of the second target of 1844, recording its lowest level at $1846 per ounce. Technically, by looking at the …

Gold prices incurred significant losses during the previous trading session as part of the downward directional movement, as we expected, touching all the required targets at 1864, approaching the third target by a few points at 1853, only to record its lowest price of $1857 per ounce. Technically, gold prices …

A sharp decline in gold prices within the expected downward path, in which we relied on breaking 1913, with the price heading to achieve the official target required to be touched during the previous trading session at 1880, recording its lowest level at $1873 per ounce. Today’s technical aspect indicates …

Gold prices achieved the official target published during the previous technical report, explaining that breaking the main support floor for the current trading levels of 1913 led the price to visit 1903, recording its lowest level at $1899 per ounce. Technically, today, by looking at the 4-hour chart, we find …

We remained neutral for the second session in a row, explaining that we are waiting for gold prices to release from the sideways range confined from the bottom above 1913 and from the top below 1930. Technically, today we find that gold prices have begun to put pressure on the …

During the previous technical report at the end of the trading week ending last Friday, we adhered to momentary neutrality until we got rid of the confined side range from the bottom above 1913 and the top below 1930. On the technical side today, we find gold prices hovering around …

Gold prices found a strong resistance level, as we indicated during the previous technical report, at the price of 1930, which forced the price to trade negatively, explaining that sneaking below 1922 support level forces gold prices to retest the main support of the current trading levels, 1913, touching the …

Gold prices touched the upward targets required to be achieved during the previous trading session, ahead of the Fed’s decision, heading towards the official stop of 1945, recording its highest level of $1947 per ounce. On the technical side today, gold prices witnessed a bearish tendency as a result of …

Gold prices achieved a positive outlook, as we expected during the previous technical report, touching the first target to be achieved, at the price of $1936, recording its highest level of $1937 per ounce. Technically, gold prices found a strong resistance level represented by the first target, 1936, which forced …

Positive attempts witnessed gold’s movements during the first trading of this week within the gradual upward context, as we expected during the previous technical report, approaching by a few points from the published target of 1936, only to record the highest around $1934 per ounce. Technically, today gold prices are …