Gold price attempts positively – Forecast today - 17-04-2024

Economies.com
2024-04-17 03:35AM UTC

Gold Price Analysis

Expected Scenario

  • Gold price shows new positive trades to test the 2400.0$ barrier, awaiting to surpass this level to open the way for a rally towards achieving more gains on the short-term and medium-term basis. Our next target is located at 2510.00$.
  • The technical indicators provide positive signals supporting the continuation of the suggested bullish trend scenario, which will remain valid conditioned by the price stability above 2325.90$.

Expected Trading Range

Between 2370.00$ support and 2410.00$ resistance.

Trend Forecast: Bullish

Commodities News

Oil News

Commodities

Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Gold News

Commodities

Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Palladium News

Commodities

Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 30-04-2024
2024-04-30 09:24AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price still confined between the ...
Oil Analysis

Commodities

Crude oil price forecast update 30-04-2024
2024-04-30 09:24AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price shows some bullish bias to ...
Silver Analysis

Commodities

Silver price forecast update 30-04-2024
2024-04-30 09:24AM UTC
Silver Price Analysis Expected Scenario Silver price managed to break 26.90$ and closed ...