Tag Archives: metals

The prices of the yellow metal declined noticeably at the beginning of this week after it failed to breach the resistance level of 1815, which is our target to be achieved during the previous report. On the technical side today, and looking at the 4-hour chart, we tend to trade …

Positive trading dominated gold’s movements during the early trading of the ongoing session, attacking the resistance level of 1800, a psychological barrier, to reach the top of 1802. Today’s technical analysis indicates the possibility of continuing the rise, with the price breaking through the 1797 resistance level, 50.0% correction, in …

We adhered to intraday neutrality during the previous analysis, due to the exposure of technical signals, to find that gold prices collided with the strong resistance level published during the previous report at 1782, which we mentioned to represent one of the most important trend keys for the current trading …

Gold prices found a good support level around 1753, which forced the price to rebound to the upside, to find gold prices hovering around its highest level during the Asian session 1776. Technically, and carefully looking at the 4-hour chart, we found a conflict between the negativity of the stochastic …

Gold prices incurred noticeable losses during the previous trading session within the expected bearish context, touching the second official target station in the last analysis, at 1753, and recording the lowest at 1750. Today’s technical vision indicates the possibility of continuing the decline, relying on confirming the breach of 1768 …

Gold prices managed to touch the first target that is required to be achieved during the previous analysis, which is located at 1770, recording its lowest level at 1770. Today’s technical vision indicates the possibility of continuing the descending wave, relying on the price stability below the strong resistance 1785, …

Gold prices ended their daily and weekly trading below the 1790 resistance level, which forced the price to trade negatively again within the bearish context. On the technical side, today, and carefully looking at the 240-minute chart, we find the simple moving averages continuing their negative pressure on the price …

For the third consecutive session, gold prices fail to stabilize above the pivotal resistance level published in the previous analysis, located around 1880/1882, which forced the price to trade negatively again within the bearish context. On the technical side, today, and carefully looking at the 240-minute chart, we find the …

The resistance level published during the last analysis, located around 1797, was able to limit the bullish tendency witnessed by gold prices yesterday, which forced it to trade negatively again within a gradual decline to the downside approaching by a few points from the first official target 1770, recording its …

The technical outlook is unchanged, and there was no significant change in gold’s movements, maintaining the same technical conditions for the previous session. On the technical side today, looking at the 60-minute chart, we find that the RSI is trying to get positive signs to get bullish momentum. On the …