Gold price reaches the target – Analysis - 04-12-2018
Economies.com
2018-12-04 05:13AM UTC
Gold price resumes its positive trading today to reach the thresholds of the waited target at 1238.30, getting continuous positive support by the EMA50, which encourages us to suggest breaching the mentioned level and extend the bullish wave to target 1262.51 level as a next main station.
Therefore, the bullish bias will remain dominant in the upcoming sessions, noting that breaking 1228.00 might force the price to test 1208.40 areas before any new attempt to rise.
Expected trading range for today is between 1225.00 support and 1250.00 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Gold rushes above $2400 as Israel attacks Iran
2024-04-19 07:41AM UTC
Gold prices rose in European trade on Friday, extending gains for a second day and trading above ...
Commodities
Gold returns higher towards $2400
2024-04-18 18:59PM UTC
Gold prices rose on Thursday as the dollar advanced against most major rivals amid mounting ...
Commodities
Gold advances towards unprecedented peaks
2024-04-18 09:21AM UTC
Gold prices rose in European trade on Thursday, resuming gains and moving once again towards record ...
Commodities Technical Analysis
Commodities
Natural gas price forms strong positive rally – Forecast today – 23-4-2024
2024-04-23 05:11AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price faced strong positive ...
Commodities
Platinum price resumes the correctional decline – Forecast today – 23-4-2024
2024-04-23 04:56AM UTC
Platinum Price Analysis Expected Scenario Platinum price faced new negative pressures ...
Commodities
Copper price loses the positive momentum – Forecast today – 23-4-2024
2024-04-23 04:51AM UTC
Copper Price Analysis Expected Scenario The Copper price ended the recent bullish rally ...