Midday update for Gold 18-08-2022

Economies.com
2022-08-18 09:18AM UTC

Gold price didn’t show any strong move since morning, to fluctuate around 1765.00 level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1779.25, reminding you that our targets begin at 1755.25 and extend to 1726.60 after surpassing the previous level.

 

The expected trading range for today is between 1750.00 support and 1780.00 resistance.

 

Open Live Trading Account

The expected trend for today: Bearish

Commodities News

Gold News

Commodities

How did gold become a major component in Nvidia's signature GPUs?
2024-04-25 20:32PM UTC
Nvidia has witnessed one of the most stunning success stories in recent years.. But before we get ...
Oil News

Commodities

Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Oil News

Commodities

US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Oil Analysis

Commodities

Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Silver Analysis

Commodities

Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...