The precious metal was able to achieve intraday gains during the previous session, to nullify the negative outlook, as we expected in the previous analysis, and touch the stop-loss at 1910, posting its highest price at 1918.<\/p>\n\n\n\n
Technically speaking, and by looking at the 4-hour chart, it appears that the resistance level 1918 was able to cap slight bullish bias, and the stochastic indicator begins to lose the bullish momentum.<\/p>\n\n\n\n
This enhances the chances of the downside movement by targeting 1897 as a first target, followed by 1892. The price should be monitored around 1892, because breaking this level may push gold to retreat towards 1874.<\/p>\n\n\n\n
It is noted that confirming the breakout and keeping the price below 1918, negates the expected bearish scenario, and the Gold may regain some strength towards 1827. Warning: the risk level may be high.<\/p>\n\n\n\n The precious metal was able to achieve intraday gains during the previous session, to nullify the negative outlook, as we expected in the previous analysis, and touch the stop-loss at 1910, posting its highest price at 1918. Technically speaking, and by looking at the 4-hour chart, it appears that the resistance level 1918 was able …<\/p>\n","protected":false},"author":9,"featured_media":34991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,6882,6874],"class_list":["post-34988","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-forex","tag-gold"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34988"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34988\/revisions"}],"predecessor-version":[{"id":34993,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34988\/revisions\/34993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34991"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1:\u00a01892.00<\/strong><\/strong><\/td> R1: 1923.00\u00a0<\/strong><\/strong><\/td><\/tr> S2:<\/strong>\u00a01874.00\u00a0\u00a0\u00a0<\/strong><\/strong><\/td> R2:<\/strong>\u00a01936.00\u00a0<\/strong><\/strong><\/td><\/tr> S3:\u00a01861.00\u00a0\u00a0\u00a0<\/strong><\/strong><\/td> R3: 1954.00\u00a0<\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"