Gold

Gold (XAU) prices rose almost 30% over the course of the last year, scoring several new record highs along the way. But, since its final peak in September, the price of the yellow metal has struggled a bit. Now, analysts seem to believe…
Read More

Gold managed to hit above 2638 which indicating farther advance on market as we advised last week where resistance laying at 2665 As long as market keep holding trades below 2665 a chance for some drop correction toward 2635-40 will be…
Read More

Gold managed to hit below 2620 support which may put more drop pressure over the market to head toward 2570-75 support zone As long as market keep holding trades below 2630-38 resistance the drop pressure may sustain toward 2570-75 which…
Read More

Gold managed to hold below the resistance of 2625 and managed to hit another drop toward the 2587 levels. The drop pressure still overshadows the market while facing resistances around 2605 and 2625. Above 2625 will be the first strength…
Read More

Gold managed to hold trades below 2655 and dropped further toward 2622 and below. As we see over the chart, Intraday levels show resistance around 2625. If prices remain below it, then the chance for another drop toward 2570-75 is still…
Read More

Gold managed to fell below the trend support of 264. As we see over the chart, there is still a chance for a further drop to test the 2622 support which in turn could activate another advance. However, the intraday indicators are…
Read More

Gold seems to have found some support around 2645 which could lead to another advance wave toward 2730-35. Below 2645 more of a drop toward 2620-22 could hit the market which in turn could activate another rebound movement. Below 2620…
Read More

XAUUSD Slides Lower as Gold Bullion Weakens Gold Bullion corrected its recent bull run as traders brace for this week’s Fed decision. Resistance was expected at the recent peak of 2720 as the price broke back through the 2700 support.…
Read More

Gold managed to break above 2655 and advanced toward the targets of 2675 and 2688. Prices are now closing to a third target to the resistance zone 2710-20. As we see over the chart and as long as prices remain below, 2710-20 a chance for…
Read More