Tag Archives: metals

We committed to the intraday neutrality during the previous analysis, although we tend to the positivity, indicating that we are waiting to confirm the breach of the resistance level of 1817, which is a catalyst factor that enhances the chances of the rise to be the next leg of 1837, …

Gold prices were able to achieve gains during the previous trading session, as part of a technical outlook for the simple upward correction within the downward trend indicated in the previous analysis, touching our required corrective target of 1800 to reach its highest level at 1817. Technically speaking, and by …

Negative trading dominated gold prices with the opening of the first weekly trading to record its lowest level at 1764. Technically, by looking at the 4-hour chart, the pair found support floor around 1965 as we find on the short timeframe that RSI is starting to get positive signals. From …

Heavy selling continues to control gold prices within a short-term downward correction trend touching the target to be achieved last Friday 1787, posting its lowest transactions with the opening of the current week’s trading in 1764 early this week. On the technical side, and by looking at the chart at …

Gold prices hit the strong resistance level published in the previous analysis at 1818/1819, which we clarified is one of the conditions for continuing the bearish trend to force the price to retreat quietly again. Technically speaking, and with a closer look at the 4-hour chart, the simple moving averages …

Gold prices retreated significantly during the previous session, heading towards the second official target of the current downturn wave as we expected at 1800, shy of 3d goal at 1794. Technically, with the price’s failure to maintain trading above the 1845 level, accompanied by the negative pressure of the simple …

The yellow metal suffered strong losses during the last trading session within the expected bearish path, touching the first official leg of the current downward wave referred to over several reports in a row located at 1845, to extend its losses during the morning trading of the current session 1821. …

The current moves of the yellow metal are seeing a negative tilted sideways range from the bottom above 1860 and the top below 1882. Technically speaking, and by looking at the chart, we found a contradiction between the negativity of the stochastic indicator on the 4-hour interval and the positive …

The bearish trend continues to control gold’s movements within a decline to the downside, a few points shy of first official target required to be touched, located at 1850, to record its lowest price of 1852. From the angle of technical analysis today, and with a closer look at 60-min. …

Negative trading dominated the movements of the yellow metal within the bearish path as we expected, touching the first target to be achieved at 1864, its lowest level in 1863. From the angle of technical analysis today, and with a closer look at the chart, a 4-hour interval, we find …