Gold

Gold prices saw a volatile last week on account of the ongoing Greece crisis. The Yellow metal was bid up gaining close to 1.57% for the week ending 20th June, closing at 1199.79. The Yellow metal however failed to keep its gains with this…
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GOLD 1182 Another Wide Range On the short term ; the market returns to test the support level at 1181.00, As long as the price stable above 1181.00 level, so we keep preferring the bullish trend in the upcoming sessions, and the price…
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GOLD 1194 Another Wide Range On the short term ; the market has more buying momentum and broke the level of 1188 , if the market hold above that level would mean the buying pressure would accelerate to push the market further to the…
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GOLD 1200 Another Wide Range On the short term ; the market has more buying momentum and broke the level of 1188 , if the market hold above that level would mean the buying pressure would accelerate to push the market further to the…
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Gold futures have been trading in a tight range ever since prices hit a monthly low near 1171. The range high and low of the sideways price action has been capped between the lows of 1171 and the highs at 1192. On the daily charts for…
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GOLD 1185 Downside breakout On the short term ; the market has penetrated the levels of 1177 which was considered a major support area ( now resistance ) ; so , we do expect more downward pressure as the market holding below 1197…
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Oil (5N) 59.30 Short-term Correction ; buying pressure still exist On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually and still trading between 58 support and 63.00 resistance, and…
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GOLD 1179.60 Downside breakout On the short term ; the market has penetrated the levels of 1177 which was considered a major support area ( now resistance ) ; so , we do expect more downward pressure as the market holding below 1197…
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After posting declines for three straight weeks, Gold futures on the weekly chart is currently looking to form an inside bar, within the support zone of 1202 through 1171. Currently, Gold futures have gained over 1% for the week. This…
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GOLD 1179.70 Downside breakout On the short term ; the market has penetrated the levels of 1177 which was considered a major support area ( now resistance ) ; so , we do expect more downward pressure as the market holding below 1197…
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