Gold

The precious metal is trading lower as price action is on track for a three-day losing streak. The declines come following the Doji pattern that emerged on the daily chart on Monday. The continuation lower could see prices testing the… Read More

The precious metal continues to trade flat and in a rather tight range. This comes as price action remains supported above the 1850 level in the longer term. However, the daily candlestick pattern indicates a possible move to the… Read More

The precious metal continues to trade flat with price action entering a tight sideways range below 1900 and above 1880. The sideways range comes as the news of the Coronavirus vaccine offsets the new number of cases in the US. For the… Read More

The precious metal made attempts to recover from the losses over the week. However, the rebound remains weak for the moment, with the overall set up looking bearish. Following the rebound off the 1850 handle, gold attempted to make… Read More

The precious metal is attempting to make some gains on the day following the recent sharp sell-off from earlier in the week. Price action is now nearing the recent highs from just the day before. Still, the overall trend looks to be… Read More

The precious metal gained strong momentum as it initially approached the key resistance level of 1929.80. The bullish gains saw a sharp move to the upside with the 1967 level as the next key target. It is possible for gold prices to… Read More

The precious metal rose over 1.6% intraday following the volatility on Wednesday. Price action is now back near the familiar 1929.80 level. The precious metal attempted to breakout past this level on the previous two occasions but… Read More

The precious metal is trading flat with price action failing to breakout above the 1911.50 - 1900 level of resistance. For the moment, the bias is to the downside, with price down over 0.43% intraday. However, this holding pattern is… Read More

The precious metal is posting strong gains, rising for the third consecutive session. The gains have pushed gold slightly above the 1900 level once again. It will be left to be seen if price action can keep up the momentum. The… Read More

The precious metal is posting modest gains on Monday as the US elections are underway. Price rose over 0.50% intraday, following up from last Friday's bullish close. Still, prices are likely to approach the 1900 - 1911.50 level once… Read More