Gold price conducted a re-test to support the previously broken triangular flag and maintain its stability below it, to keep negative pressure in place for the upcoming period, supported by the negativity of Stochastic and the SMA 50, waiting to head towards 1800.00 as a first negative target. On the other hand, we should note … Read more
Gold price shows some bullish tendency in an attempt to move away from the support of the ascending channel, which supports the continuation of the expected bullish trend scenario for today, stimulated by the positivity of the stochastic indicator, awaiting a visit to 1905.00 as a next major station, reminding you that the continuation of … Read more
Gold price succeeded in touching our first awaited target at 1875.00 and is making attempts to breach it, reinforcing expectations for the continuation of the bullish trend in the intraday and short term, noting that the confirmation of the breach will extend the bullish wave to reach 1917.00 then 1928.60 levels as next major stations, … Read more
Gold price was unable to breach the level of 1820.00, to start today with a noticeable positivity and surpass the level of 1833.00, to head towards achieving expected gains during the upcoming sessions, on its way to initially test the 1850.00 level, noting that surpassing this level will extend the bullish wave to reach 1875.00 … Read more
Gold price fluctuates around 1838.10 and stabilizes above it, while the SMA 50 continues to provide positive support for the price, waiting for the resumption of positive trading that starts its targets at 1850.00 and extends to 1870.00, reminding you of the importance of holding above 1818.00 to continue the expected rise. The expected trading … Read more
Gold price was not able to settle below 1901.80 for long, to breach this level and settle above it again, which provides indications on the price direction to achieve expected gains during the upcoming sessions, on its way to visit 1934.86 again. Therefore, a bullish bias will be likely for today, supported by moving above … Read more
Gold price faces new negative pressure to attack 1934.86, which requires attention from upcoming trades, as breaking this level will force the price to achieve an additional decline targeting areas of 1901.80 initially, while the price needs to consolidate above 1934.86 to resume the main bullish trend, whose main targets start at 1967.90 and extend … Read more
Gold price shows new positive trades to continue to approach the level of 1800.00, to keep the bullish trend effective for today, organized within the bullish channels that appear in the above chart, supported by the EMA50 that continues to carry the price from below. We point out that breaching the aforementioned level will extend … Read more
Gold price trading stabilizes above 1765.00 level, and gets continuous positive support from the EMA50, awaiting further increase during the upcoming sessions, to keep the bullish trend valid and likely for the rest of the day, relying on stability above 1750.00 and 1730.00 levels, noting that our expected targets start It is 1800.00 and it … Read more
The gold price maintains its consolidation above 1644.20 level, while the stochastic of the cross begins positively on the four-hour time frame, waiting for the price to stimulate the resumption of the bullish trend that targets 1703.25 as the next main station, so that the upside scenario remains valid and effective for today unless the … Read more