Tag Archives: metals

The rise in gold prices that began during the previous trading session stopped when the price collided with the 2335 resistance level, forcing it to trade within the negative range. From the angle of technical analysis today, by looking at the 240-minute time frame chart, we find the price stable …

Gold prices experienced a notable rebound, finding support amidst a decline in the US dollar following the release of negative economic data. The precious metal reached its peak at $2,334 per ounce. In terms of technical analysis today, upon examining the 4-hour timeframe chart, it’s evident that the simple moving …

Gold prices experienced significant losses in the previous trading session, aligning with the corrective decline anticipated in the preceding technical report. The prices reached the specified targets at 2325, hitting a low of $2295 per ounce. From a technical analysis perspective today, a detailed examination of the 4-hour timeframe chart …

Gold prices commenced the first trading session of last week with a pronounced bearish sentiment, slipping below the significant threshold of $2400 per ounce. At the time of drafting this report, prices had dipped to approximately 2361 during the morning session. Technically, on today’s 4-hour chart analysis, we observe gold …

Gold prices continue their ascent, reaching historic peaks at $2236 per ounce in the previous trading session, surpassing the previous record of $2224. From a technical perspective, today’s movements show stability above the resistance level of 2222, with the simple moving averages providing support for the daily upward price trend. …

The price of gold experienced a positive trading session, reaching significant gains and continuing its upward trajectory to achieve new historical peaks, with a peak at $2222 per ounce. In terms of technical analysis today, observing the 240-minute timeframe chart, the upward movement halted after reaching $2222, and the price …

Gold prices experienced mixed trading during the first trading session of the week, testing the main support level around 2145 and maintaining positive stability above it. From a technical perspective, examining the 4-hour time frame chart reveals that gold remains stable above the previously breached resistance, now acting as a …

For the second session in a row, levels of 2157 were able to limit the downward trend witnessed by gold prices, maintaining positive stability, and at the time of the report, it was trading around $2165 per ounce. From the angle of technical analysis today, by looking at the 4-hour …

Gold prices have rebounded, resuming their official upward trajectory and negating the need for the retesting scenario outlined in the previous technical report. The metal settled with its lowest level recorded at $2157 per ounce. Today’s technical analysis, focusing on the 4-hour timeframe chart, indicates continued support from the simple …

In the previous trading session, negative sentiment dominated the price movements of gold following the release of US inflation data, which bolstered the dollar’s performance at the expense of gold’s attractiveness. Today’s technical analysis reveals that the 2184 resistance level is exerting downward pressure on the price, while a closer …