Gold price resumes its positive trading to attempt to move away from 1825.15, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 1860.00 as a next station, noting that the EMA50 supports the suggested positive scenario, which will remain valid conditi
Gold price faced strong negative pressure to break 1825.15 and touches the intraday bullish channel’s support line, which urges caution from the upcoming trading, as surpassing the current support will push the price to achieve additional decline that reaches 1797.00, while the price needs to trade
Gold price ended last Friday below 1825.15, to hint heading to decline on the intraday basis, but we notice that the intraday bullish channel’s support line attempts to protect the price from suffering more losses, supported by stochastic and the EMA50 positivity. Therefore, the contradiction betwee
Gold price touched 1797.00 level and found solid support there, to rebound bullishly and retest the previously broken support of the bullish channel, waiting to resume the bearish bias and break the mentioned level to head towards 1770.00 as a next main target.
Gold price succeeded to touch our first target at 1825.15 and breached it to close the daily candlestick above it, which supports the chances of extending the bullish wave on the intraday and short term basis, no its way to visit 1860.00 as a next positive target. Therefore, we expect to witness mor
Gold price faces negative pressure to break the bullish channel’s support line and heads towards testing 1797.00 level, to activate the bearish trend scenario in the upcoming sessions, noting that breaking the mentioned level will extend the bearish wave to reach 1770.00 as a next negative target. T
Gold price shows positive trades to head towards potential test to the key resistance 1825.15, as the price is affected by stochastic positivity that loses its positive momentum clearly and enters that overbought areas now, waiting to motivate the price to rebound bearishly and resume the negative t
Gold price managed to breach 1825.15 level and close the daily candlestick above it, to support the chances of extending the bullish wave on the intraday and short term basis, organized inside the bullish channel that appears on the chart, waiting to head towards 1860.00 as a next main target. The E
Gold price trades negatively to press on 1825.15 and attempts to break it, which urges caution from the upcoming trading, as confirming the break will stop the positive scenario and press on the price to turn to decline on the intraday basis to visit 1809.00 followed by 1797.00 before any new positi
Gold price settles at the intraday bullish channel’s support line, getting continuous positive support by the EMA50, waiting to gather enough positive momentum to push the price to continue the rise in the upcoming sessions, as the bullish trend scenario still valid on the intraday basis conditioned
Gold price attempted to break the intraday bullish channel’s support line and returns to hold above it, to keep the bullish trend scenario active for the upcoming period, which depends on the price stability above 1797.00, while its first target located at 1825.15.
Gold price trades with clear positivity and settles above the intraday bullish channel’s support line, to keep the bullish trend valid on the intraday basis, supported by the EMA50 that continues to carry the price from below, waiting to test 1825.15 initially, noting that breaching this level will
Gold price rose yesterday to approach 1800.00 level, and bounced bearishly to settle around 1775.00, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to break 1770.00 to confirm the continuation of the bearish trend that targets 1734.10 as a next main station.
Gold price shows some bullish bias to head towards potential test to the key resistance 1800.00, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend valid for today, which gets continuous support by the EMA50, reminding you that our targets b
Gold price provided negative trades and attempted to approach 1770.00 level, waiting for more decline to break this level and confirm extending the bearish wave towards 1734.10 as a next negative station. The EMA50 keeps supporting the expected bearish trend, to continue suggesting the bearish bias