Tag Archives: metals

The yellow metal prices faced a pivotal resistance level of 1916, clarifying that the price behavior should be monitored around this level in the medium term, forcing the pair to trade negatively to retest the strong demand area published in the previous report at 1892. On the technical side today, …

Gold prices jumped during the early morning trading after it succeeded in breaching the resistance level of 1905, explaining last Friday that the breach of the mentioned level can extend gold’s gains to visit 1916, recording its highest level at 1914. Technically, the price’s success in building an intraday basis …

The yellow metal prices achieved noticeable gains during the previous trading session, attacking the psychological barrier of 1900 within the ascending path, in which we relied on consolidation above the level of 1878, explaining that push to visit 1892, recording the highest of 1901 during the early trading of the …

Positive moves dominated gold trades after testing the ascending channel’s support around 1844, which pushed it to rebound in the bullish direction to settle above 1859 resistance, and intraday stability above 1865. Technically, by looking at the 240-minute chart, we notice that the price continued to obtain a positive stimulus …

Mixed movements dominated the gold prices during the last trading session, recording the highest level at 1880, which formed a negative pressure factor that forced the price to retreat strongly towards the retest of 1844. On the technical side, today, and carefully looking at the 4-hour chart, we notice the …

The prices of the yellow metal surged remarkably at the end of the trading week that ended last Friday, recording its highest level around $1,865 per ounce, after it succeeded in breaching the resistance level of 1836. From the angle of technical analysis today, we notice that the 14-day momentum …

The yellow metal prices managed to touch its target at 1842, recording its highest level during the last session’s trading of 1842, returning to the negativity again due to hitting the resistance level of 1842 represented by the first bullish target. Technically, by looking at the 4-hour chart, we notice …

Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …

Gold prices maintain the gradual bullish tendency after it succeeded in breaching the resistance level of 1810, recording its highest level during the previous trading session of 1829. Technically and by carefully looking at the 4-hour chart, we notice that the moving average supports the bullish price curve. In addition, …

Gold prices jumped during the first trading of this week within the expected upward path during the previous analysis, heading to touch the first station 1819, approaching by a few points, at the second price station 1825, recording its highest level 1823. On the technical side today, and by looking …