Tag Archives: metals

The yellow metal prices witnessed a bullish wave with the opening of the first trading sessions of this week, to witness the intraday movements stabilizing above the psychological line of 1800 resistance. On the technical side, stability trading above 1800 supports the rise, and with a closer look at the …

Gold prices succeeded in touching the official target station of the current wave of decline at 1765, recording its lowest price during the early trading of the current session at 1760. Technically speaking, with gold continuing to get negative pressure from the simple moving averages, coinciding with the negative signs …

Gold prices were exposed to a strong downward wave, as we expected in the previous analysis, touching the first target to be achieved at 1777, approaching a few points from the official target of 1765, to record the lowest price of 1769. Technically, the intraday trading remains below the resistance …

The yellow metal suffered heavy losses during the previous trading session, after it succeeded in breaking the pivotal support level indicated during the previous analysis, 1810, indicating that trading below 1810 makes the bearish tendency impose its control again to target 1801 and losses may extend later towards 1792, to …

Positive trades dominate the movements of gold, taking advantage of building on the strong support floor located at 1810. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the price stability above the 50-day moving average, in addition to gold …

Gold prices found a solid support level at our first target mentioned in the previous analysis at 1810, which forced it to rebound again to test the 1830 resistance level. On the technical side today, and with a closer look at the 60-minute chart, we notice the return of the …

Gold prices retreated significantly within the expected negative outlook during the previous analysis, in which we relied on confirming the break of the support level of 1837, heading to touch our expected target during the previous analysis at 1820, recording its lowest price during the early trading of the current …

We committed to the intraday neutrality during the previous analysis, indicating that we are waiting to confirm the breach of the resistance level of 1845, to enhance the chances of a bullish move towards our first awaited target of 1851, Posting Highest price during the last session at 1855. Technically …

Gold prices witnessed a gradual rise to the upside after it succeeded in confirming the breach of the strong resistance at 1820, which is close to our awaited target of 1551, to settle for recording its highest level during the last session of 1848. Technically speaking, we find gold is …

Gold prices rose significantly to compensate part of the losses last week, touching the stop-loss order published in the previous analysis at 1820, we have indicated that any attempts to breach 1820 are able to postpone the bearish trend and lead the price to an upward path, its initial target …