Tag Archives: metals

The precious metal witnessed negative trading in the previous trading session, after two consecutive sessions of rising to retest 1807. Technically, and by looking at the 240-minute chart, we find the stochastic is trying to provide positive signals and is supported by the positive motive coming from the 50-day moving …

The prices of the yellow metal jumped on Friday, supported by the statements of the Federal Reserve Chairman last Friday, to be able to breach the resistance level of 1799, heading towards touching the previous target mentioned in the previous report, at 1820. Today’s negative view indicates the possibility of …

We adhered to intraday neutrality during the previous analysis, explaining that we are waiting for confirmation of the breach of the 1790 level to activate the selling positions with an initial target of 1782 so that gold will succeed in touching the awaited target, recording its lowest level at 1782. …

We adhered to intraday neutrality for the second session in a row, explaining that although we tend to be positive, we prefer to confirm the breach of 1808, explaining that it represents the key to protecting the bullish trend. Technically, today’s gold is witnessing stability below the mentioned resistance level. …

We adhered to intraday neutrality during the previous report, explaining that we are waiting for gold prices to exit the transverse range from below above 1774 and from above below 1790, explaining that activating buying positions requires breaching 1790 targeting 1799 first target and then 1808 next station to succeed …

We remained neutral during the report published last Friday due to the conflicting technical signals. Prices are still fluctuating within a sideways slope confined from below above the strong support level 1774 and on the downside at 1790. Technically, with careful consideration on the chart, we notice the negative pressure …

The technical outlook is unchanged, and there has been little change in gold’s movements. Although, technically, gold begins its morning trading on a bearish slope and shows intraday stability below 1790, the 50-day moving average still holding the price from below, supporting the return of the bullish bias. To negative …

Gold prices managed to touch the first target required to be achieved during the previous analysis, which is located at 1794, recording its highest level at 1795 and approaching the official target by a few points at 1799. On the technical side today, and with careful consideration on the 4-hour …

A gradual rise in gold prices during the first trading sessions of this week within the expected bullish path during the previous analysis, recording its highest level at 1789. On the technical side today, by looking at the 4-hour chart, and with the regular work within the bullish price channel, …

Gold prices made noticeable gains last Friday, within the expected bullish context during the previous analysis, touching the official target station 1768, recording the highest level of 1800. Technically, and by looking at the 4-hour chart, the prices settled above 1768 represented by the 61.80% Fibonacci correction as shown on …