Tag Archives: metals

Gold prices surged, reaching the target set in the previous technical report at $2677 per ounce during morning trading. The simple moving averages continue to support the potential for further upward movement, with the 14-day momentum indicator signaling a continuation of the trend as long as prices remain above the …

Gold prices declined during the morning session, failing to break through the resistance level of 2666 and approaching a retest of 2635. The lowest price recorded so far is $2638 per ounce. Today, we lean toward a positive outlook, primarily relying on the price stability above the key support level …

Gold prices saw a sharp decline yesterday, aligning with the negative outlook in the previous report, which anticipated a break of the $2645 support level, reaching the target of $2605 per ounce. Today’s technical view suggests the potential for a continued corrective decline. The 240-minute chart shows a bearish alignment, …

Gold prices have been trading in a narrow sideways range, with support holding above the 2645 DGM level and resistance below 2665. The technical outlook for today suggests the possibility of continuing the corrective decline, especially after gold failed to break through the 2665 resistance. A closer look at the …

Gold prices declined during the previous trading session after failing to maintain stability above the 2645 support level, moving toward the first official target of $2624 per ounce. Today’s technical analysis indicates a likelihood of continuing the corrective decline. A closer look at the 4-hour chart reveals that the simple …

Gold prices continue to reach new historical peaks for the fifth consecutive session, hitting the first target indicated in the previous technical report at 2681, and recording a high of $2685 per ounce. From a technical analysis perspective today, and by examining the 4-hour chart, gold has established a minor …

Gold prices continued to reach record highs for the fourth consecutive session, hitting a new peak during the previous trading session at $2,671.00 per ounce. From a technical analysis perspective today, and looking at the 4-hour chart, gold displayed some bearish bias, retesting the previously breached resistance near $2,650. The …

Gold prices saw positive attempts within the expected upward trend mentioned in the previous report, reaching a high of around $2,500 per ounce. From a technical standpoint today, after achieving the official target of $2,470 earlier this week, we note that the price has stabilized above this level, encouraging clear …

Gold prices suffered significant losses yesterday, as anticipated in our previous technical report, reaching the key levels of 2486 and then 2470, with a low of $2473 per ounce. From a technical standpoint today, we observe that gold has momentarily stabilized above 2486 and generally above 2476. A closer look …

Gold prices experienced a mild downward trend during the previous trading session, attempting to stabilize above the psychological resistance level of 2500, but ultimately closed the day below this threshold. From a technical standpoint, the price is under selling pressure, largely due to its position below the 50-day simple moving …