The yellow metal opened the current session with a bullish bias within a gradually bullish path.<\/p>\n\n\n\n
Technically speaking, the current moves are witnessing stability above 1901 resistance level, Fib 61.80%, as seen on the 240-minute chart. We find that the RSI above 50 on short time frames with positive signals from the 50 day moving average around 1901.<\/p>\n\n\n\n
All this raises the possibility of seeing a bullish tendency during the coming hours, targeting 1920 as a first target, noting that breaking the aforementioned level opens the door to re-testing the previously broken support-turned-resistance 1934.<\/p>\n\n\n\n
On the downside, trading remains below 1901 and most importantly 1897 negates the bullish scenario and puts the price under strong negative pressure, with targets at 1891 to 1874.<\/p>\n\n\n\n The yellow metal opened the current session with a bullish bias within a gradually bullish path. Technically speaking, the current moves are witnessing stability above 1901 resistance level, Fib 61.80%, as seen on the 240-minute chart. We find that the RSI above 50 on short time frames with positive signals from the 50 day moving …<\/p>\n","protected":false},"author":9,"featured_media":35213,"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":[7222,6882,6874,7130],"class_list":["post-35212","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-forex","tag-gold","tag-metals"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35212","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=35212"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35212\/revisions"}],"predecessor-version":[{"id":35214,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35212\/revisions\/35214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35213"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1:\u00a01891.00<\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R1: 1920.00\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr> S2:<\/strong>\u00a01871.00\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R2:<\/strong>\u00a01931.00\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr> S3:\u00a01861.00\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td> R3: 1951.00\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"