Gold

XAUUSD aiming higher Gold kept in the game after avoiding a move below the psychological level of 2700. The price of gold so far has found a foothold at 2740. A bullish RSI divergence shows that the sell-off has eased. 2770 is the…
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Gold managed to find support around 2731 yesterday, while the advance wave is still ongoing. As we see over the chart, the market is facing a support zone inside 2730-40. If prices remain above it, the rebound movement could expand…
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Gold is still trying to hit a correction while market facing first Intraday support around 2770. As we see on the chart, below 2770 prices could head for a drop toward 2760 or 2745 where one of those supports could activate an advance…
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Gold met the target of 2758 and moved higher. As we see on the Intraday chart, the market is facing support around 2776, where as long as prices hold above it, the advance wave could sustain toward 2800. Below 2776 more of a drop…
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Gold is testing the support zone of 2728 right now with a correction toward 2744-48 possible. Below 2728, prices could head for a drop toward the 2712-15 zone. Below 2708 more of a drop will be expected with support at 2680-85.…
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Earlier this week, gold prices hit two new record highs in a situation when normally the price should be going down. But, these aren't normal times, and demand for safe havens seems to be outpacing the regular market dynamics. With a lot of…
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XAUUSD gearing up for another high Gold pushes to remain bullish after pulling back from its all-time high. Some stiff selling at 2760 with an upper wick indicated a rejection of higher bids. The recent swift U-turn means that the bears…
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Gold hit the target of 2728 yesterday and pushed for a further drop to test support at 2714. As we see over the chart, Intraday levels show the resistance level around 2740 which could create some trading zone toward the 2722-26 support.…
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