- Monday's gold markets giving up the initial gain at the opening as it’s threatening a major resistance area. The market continues to be very noisy in general, so therefore it makes a lot of sense that we would see a pullback from these extremes. If we were to break down below the 1750 level, then it will show that the breakout was in fact false. However, the...
- Possible bearish pullback price movement towards the support 141.400 within the next period.
- Possible bearish pullback price movement towards the support 1.55400 within the next period.
- Possible bullish pullback price movement towards the resistance 12500 within the next period.
- Possible bullish pullback price movement towards the resistance 35000 within the next period.
- Possible bullish pullback price movement towards the resistance 102.00 within the next period.
- Possible bullish pullback price movement towards the resistance 1.24300 within the next period.
- Possible bullish pullback price movement towards the resistance 0.61100 within the next period.
Possible bullish pullback price movement towards the resistance 1830 within the next period.
- Possible bearish pullback price movement towards the support 103.00 within the next period.
- Possible bearish pullback price movement towards the support 1.30900 within the next period.
- Possible bullish pullback price movement towards the resistance 35200 within the next period.
- Possible bullish pullback price movement towards the resistance 12500 within the next period.
- Jerome Powell suggested that Fed policymakers will likely ease back on their aggressive interest rate hikes to fight inflation at their next meeting in two weeks. However, Powell pointed out that there's still "a long way to go," and argued that the timing of the moderation is less significant than how high rates need to rise to control soaring prices, and how...
- Traders reaction to 1744 level is likely to determine the direction of the Gold into the close on Thursday. - Possible bullish pullback price movement towards the resistance 1800 within the next period.
- Possible bearish pullback price movement towards the support 101 within the next period.
- Possible bullish pullback price movement towards the resistance 109 within the next period.
- Possible bullish pullback price movement towards the resistance 83 within the next period.