Gold price continues to fluctuate – Analysis - 02-10-2018
Economies.com
2018-10-02 04:12AM UTC
Gold price shows more trading around 1190.00 level, noticing that stochastic loses its positive momentum again, while the EMA50 forms continuous negative pressure against the price.
Therefore, we will keep our bearish overview in the upcoming period conditioned by the price stability below 1195.00 and the most important 1208.40, reminding you that breaking 1180.00 is required to confirm rallying towards 1160.00 that represents our next main target.
Expected trading range for today is between 1170.00 support and 1200.00 resistance.
Expected trend for today: Bearish
Commodities 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 ...
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 ...
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
Commodities
No new for natural gas price – Forecast today – 26-4-2024
2024-04-26 06:51AM UTC
Natural Gas Price Analysis Expected Scenario Natural gas price returned to form weak ...
Commodities
Platinum price confirms the positivity – Forecast today – 26-4-2024
2024-04-26 06:43AM UTC
Platinum Price Analysis Expected Scenario Platinum price succeeded to hold above the key ...
Commodities
Copper price surpasses the first target – Forecast today – 26-4-2024
2024-04-26 06:42AM UTC
Copper price returned to form bullish waves, taking advantage of the main stability within the ...