Tag Archives: metals

The yellow metal prices jumped to achieve noticeable gains with the beginning of the first weekly trading, recording its highest level of 1873 during the early trading of the current session. On the technical side today, and by looking at the 4-hour chart, we find the simple moving averages continue …

Gold futures rose during the European session on Friday. According to the COMEX, New York Mercantile Exchange, gold futures traded in June at $1834.05 an ounce at the time of writing, up 0.55%. It previously traded at a session high of $1837.50 an ounce. Gold may find support points at …

Gold prices were able to touch the expected official target we mentioned in the previous analysis, located at 1807, recording its lowest level at 1808. Technically, and with a closer look at the 4-hour chart, we find the stochastic indicator began to gradually lose the bullish momentum, in addition to …

Gold prices achieved the target of the bearish corrective tendency we mentioned in the previous analysis at 1815 posting a low of 1817. On the technical side, today we are in front of a technical conflict between the clear negative features on the stochastic indicator, which supports the continuation of …

Negative trading dominated gold prices in the context of the re-test published during the previous analysis, after it found it difficult to breach the resistance level of 1843, to record its lowest level at 1831. On the technical side today, and with a closer look at the 60-minute chart, we …

Gold prices managed to achieve strong gains during last Friday’s trading, surpassing the official target required to be achieved during the previous analysis at the price of 1836, recording its highest at the price of 1843. On the technical side today, and by looking at the chart at the 240 …

After several consecutive sessions of standing on neutrality, the price of the yellow metal witnessed noticeable rises, explained during the previous report that the activation of the buying centers requires a clear and strong penetration of the resistance level 1792/1795, which facilitates the task required to visit 1800 and 1810 …

The sideways trading is still dominating gold’s movements within a sideways range confined from the bottom above the support level 1770 and from below below the resistance level of 1784. On the technical side, we witnessed a successful retest of the support level of 1770, which forced the price to …

Gold prices were able to approach a few points difference from the first official target published in the previous analysis, located at the price of 1800, to record its highest level during the previous session’s trading in 1798. On the technical side, gold prices found a strong resistance level around …

Positive trades returned to control gold’s movements again after it succeeded in building on the solid support floor located at 1771 nullifying the negative outlook expected during the previous analysis touching the stop loss order at the price of 1780. It will stop the negative outlook, and gold will return …