Tag Archives: metals

Gold prices managed to achieve the first goal published during the last analysis in 1918, after it succeeded in touching the support floor of 1925, as we explained previously, recording its lowest price in 1917. Gold’s movements are still stuck within a sideways range, as we mentioned during the previous …

Prices of the yellow metal were able to touch the first target required, in which we relied on confirming the break of the strong support floor 1925, targeting 1915 initial stations, recording its lowest level at 1915. Technical Vision The intraday movements of gold are witnessing a return to stability …

Gold prices achieved the expected bearish scenario, approaching a few points from the official station required to be touched around 1916, recording its lowest level in 1917. Technically speaking, and by looking at the 4-hour chart, we find the simple moving averages continuing the negative pressure on the price from …

Gold prices declined noticeably within the expected bearish path, touching the main target at 1925, recording its lowest level in 1917, after finding a solid level around 1960. On the technical side, today, with the return of the simple moving averages, pressure on the price from above, supporting the bearish …

The 1964 resistance levels limited the bullish bias, which formed strong supply areas that forced gold prices to retest the previously breached resistance-into-support level around 1942. On the technical side, the current gold movements are witnessing stability around the lowest level during the Asian session, around 1942, and by looking …

Gold prices maintained their gains as we expected to reach the official target at 1960, recording its highest level of 1966.00. Today’s technical vision indicates the possibility of resuming the rise, with the price confirming the breach of the 1943 resistance-into-support level and the positive signals coming from the 14-day …

We adhered to intraday neutrality during the technical report yesterday due to the conflicting technical signals, explaining that we are waiting to confirm the break of 1925 or 1942, so that gold prices will witness a bullish tendency after it succeeded in attacking the 1942 resistance approaching the first target …

The intraday movements of gold prices witnessed a bearish tendency during the previous trading session, within the expected bearish path, in which we relied on confirming the breach of the 1925 support level to visit 1908, recording the lowest level at 1910. On the technical side, gold prices are witnessing …

Gold failed to confirm breaking the pivotal support level published during the previous report at 1925, explaining that the mentioned support level represents the key to protecting the bullish trend on the intraday term to conclude the previous session’s trading above 1925 and is now hovering around its highest level …

The current moves of gold are witnessing a bearish slope, but it is still limited, as the recent moves settle below the minor resistance level at 1936. Technically, and by looking at the chart with a 240-minute chart, we notice the price stability below the 50-day moving average, which continues …