Gold price forecast update 25-04-2024
Economies.com
2024-04-25 09:42AM UTC
Gold Price Analysis
Expected Scenario
- Gold price didn’t show any strong move since morning, to continue moving around 2325.90$ level.
- As long as the price is below this level and below 2338.10$, the correctional bearish trend will remain active.
- This trend targets 2260.60$ as a next station.
- Reminding you that breaching the mentioned resistance will push the price to recover and return to the main bullish track again.
Expected Trading Range
Between 2295.00$ support and 2335.00$ resistance.
Commodities News
Commodities
Gold climbs ahead of inflation data, Powell's speech
2024-05-14 08:35AM UTC
Gold prices rose in European trade on Tuesday, resuming gains after a short hiatus, as US 10-year ...
Commodities
Copper extends gains in challenge to global geopolitical concerns
2024-05-13 15:50PM UTC
Copper prices rose on Monday as the dollar inched down against most major rivals despite ongoing ...
Commodities
Brent climbs nearly 1.5% on Asian demand hopes
2024-05-13 14:32PM UTC
International benchmark Brent rose 1.5% in American trade on Monday, resuming its recovery from ...
Commodities Technical Analysis
Commodities
Update: Crude oil price hits the first target
2024-05-14 15:07PM UTC
Crude oil price succeeded to touch our first waited targe tat 77.64$ and finds solid support there, ...
Commodities
Brent oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows slight bearish bias now, ...
Commodities
Crude oil price forecast update 14-05-2024
2024-05-14 09:25AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price provides additional negative ...