Tag Archives: metals

Sideways trading dominated gold’s movements yesterday, trying to attack the main resistance level of the current price range at 1880 but unable to breach it until now. Technically, by looking at the chart with a 4-hour interval, we find the simple moving averages support the daily bullish price curve accompanied …

Gold’s movements did not witness a significant change during the trading of the previous trading session, after several consecutive sessions of incline, to be able to touch the target to be achieved during the past week, 1880, which formed a strong supply point that it was unable to break until …

Gold prices achieved substantial gains, taking advantage of the USD decline within the positive outlook, as we expected during last week’s trading, touching the official target station at $1880 per ounce. Technically, and by looking at the 4-hour chart, we note the stability of the price above the 50-day simple …

Gold prices came under negative pressure during the previous trading session, recording a low of $1825 per ounce, stable below the support of the bullish channel. Technically, and despite the decline witnessed by gold prices, it is still stable above the main support floor published during the previous analysis, at …

Gold’s movements showed an upward trend within the expected technical path in the previous report, touching the first official target station at the price of 1865, recording its highest level at 1865. Technically, the daily trend is still bullish, with the simple moving averages continuing to provide a positive impulse, …

Gold prices managed to touch the required official target at 1850, recording its highest level at 1850, to decline significantly due to touching the pivotal resistance level of 1850 represented by the target, which forced the price to trade negatively to retest 1828 support. Technically, and with a closer look …

Gold prices opened their first annual transactions with a noticeable increase within the expected upward path during the last report. As a result, we targeted the 1824 level, recording its highest level during the morning trading of today’s session at 1848. Technicals indicate the possibility of resuming the upward path, …

Gold prices started the morning trading of the current session on an upward slope, recording its highest level at $1806 per ounce, building on the bullish rebound as a result of the intraday stability above 1795. Technically, we find the 50-day simple moving average has returned to hold the price …

Gold prices witnessed a bearish trend during the previous trading session, after it succeeded in touching the official target of the bullish wave around 1824, which formed a strong supply level that forced the price to decline, recording its lowest level of $1792 per ounce. On the technical side, today, …

Trading tended to be positive, dominating gold prices yesterday, recording its highest level around $1814 per ounce, as the current movements witness a bearish tendency. Technically, the current trading is witnessing several stabilizations of the price again below the 1810 level, under pressure from the clear negative signs on the …