Gold prices declined significantly during the previous session’s trading to achieve the official target for the current downward wave, as we expected at 1913, recording its lowest level during the morning trading of today’s session at $1910 per ounce.
From the point of view of technical analysis today, and by looking at the 4-hour chart, we find that the simple...
The British Pound maintained its gains against its American rival after building on the strong support floor at 1.2740.
On the technical side, and upon closer look at the 240-minute chart, we find that the 50-day simple moving average supports the return of the upside. On the other hand, negative signs began to appear on the stochastic due to overbought.
We may...
Gold prices fell at the end of last week’s trading to give up their intraday gains as a result of the rise in the US dollar after the US jobs data, which came in better than expected, witnessed the lowest level at $1944 per ounce, after recording the highest at $1982.
Technically, gold prices begin to press on the pivotal support floor of 1945 located at the...
Gold prices continued their upward push within the expected bullish technical path mentioned in the previous analysis, in which we relied on the confirmation of gold prices breaching the resistance of the symmetrical triangle, as we explained yesterday, heading to touch the official target of the previous analysis 2045, recording its highest level at $2067 per...
Gold prices jumped, achieving significant gains during the previous trading session, recording its highest level of HKEX:2019 per ounce.
Technically, and by looking at the 4-hour chart, we find that gold prices liberated from the symmetrical resistance triangle we referred to during the previous analysis. We find that the simple moving averages continue to...
Gold prices reversed the bearish corrective trend, as we expected during the previous technical report, in which we relied on the negativity of technical indicators, in addition to the stability of trading below the 2006 resistance level at the time of the report’s release, recording its highest level at TSE:2009 per ounce.
Technically, and with a closer look...
A mixed trading session dominated gold prices yesterday after it achieved the first target that needed to be touched, located at the price of 1978, recording its lowest price of 1976, to start an upward rebound due to touching the support represented in the target.
Technically, and despite the stability of trading above the 1992 resistance level, we still tend in...
Gold prices maintained the bullish path, as we expected, bypassing the official station required to be achieved during the previous technical report at 2023, recording its highest level of 2028, continuing the rise at the expense of the US dollar.
Technically, and with a closer look at the 4-hour chart, we find that gold prices are trying to build a support floor...
A quiet, gradual rise dominated gold prices during the previous trading session’s dealings within the targeted bullish path, touching the first target to be achieved yesterday at the price of 2020, recording the highest of HKEX:2028 per ounce.
Technically, and with a closer look at the 240-period chart, we find that gold prices are still stable above 2000, as...
Trading tended to be positive and continued to control the prices of the yellow metal during the previous trading session as part of a gradual rise towards the target of the previous report at the price of 2040, to suffice with recording the highest TSE:2032 per ounce.
Technically, and with a closer look at the 240-period chart, gold prices are still stable...
Gold prices continue to achieve substantial against USD, in line with the bullish trend, as we expected during the previous trading session, touching the second official stop at $2025 per ounce.
Technically, and with a close look at the 240-minute chart, we find that the relative strength index continues to defend the bullish directional movement, stimulated by...
