Gold

Price action in the precious metal is somewhat choppy. But so far, gold is holding up firmly above the 1750 level. For the upside to continue, gold needs to close out above the June 24th highs of 1779.15. This will potentially set the…
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Gold prices are trading rather muted on Thursday after the previous strong price action. The precious metal touched highs of 1779 on Wednesday before retreating. The breakout from the median line suggests a potential dip to the 1747…
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The precious metal is seen slowing down its gains following the recent breakout. There seems to be a technical resistance near the 1774.50 handle. Still, at the time of writing gold prices are attempting to break out above this level.…
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The precious metal is finally making some headway after nearly two months of being stuck in a range. Gold prices are rising steadily after clearing the key level above 1747. This level has proven hard to breach in earlier attempts.…
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The precious metal gapped higher at the open today in an attempt to break out from the confines of the current highs. However, after rising to intraday highs of 1762.96, price action is pulling back sharply. This could potentially result…
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The precious metal is up over one percent on the day. The gains come after price action has been trading flat over the past few sessions. However, gold prices are not out of the woods yet. The upside resistance level near 1747.00 remains…
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The precious metal continues on with its consolidation. Price action has been trading close to the 1724 level showing no signs of giving up. This comes amid lack of any fresh fundamentals. As a result, gold prices remain caught in a…
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The precious metal has consolidated around the 1725 level over the past few daily sessions. This sideways consolidation is likely to suggest that we could see a breakout move in the making. But the bias remains mixed as prices could…
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The precious metal continues to trade flat. However, prices in the safe-haven asset remain steady despite equity markets posting strong gains. The risk-off sentiment has so far left gold prices untouched. The support area near…
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