2022-04-19 @ 14:55
Gold pulled back from the 4-weeks high yesterday. The price broke out from last Friday’s high 1981(1) early in the Asian session and triggered a new round of S-T buying, pushing the price to the day-high of 1998 at the US session opening. But the day ended at 1978, below the resistance of 1980, up […]
2022-04-14 @ 15:43
Gold reached a new 2-weeks high yesterday. Carried the buying momentum from the day before, the price has kept on moving higher since the day began at 1966. It reached the day-high 1981 at the US session, and the day ended at 1977, up by USD 11. Gold seems to begin its holiday a bit […]
2022-04-13 @ 15:43
Gold continued its uptrend yesterday. The market opened at 1960, and the price was rejected by 1960 early during the Asian and European sessions, bounded between 1950-60. A renewal round of buying was triggered after the US released its CPI figures, broke out from the triangle pattern(1), and climbed to the day-high at 1978. The […]
Gold broke out from the critical resistance 1950 yesterday. The day began at 1947. The price has consolidated toward the day-low 1939 early in the Asian session until buying started while the trading was entering the European session. The price has climbed to the day -high 1969 after it crosses the 1950 (1) resistance—the day […]
2022-04-11 @ 16:20
Gold gained about USD 15 last Friday. After the market opened at 19031, the price was bounded between 1926-34 early in the day. The climb began as the price broke the S-T resistance line (1) at the US session. The price reached the day-high 1948, before the week ended at 1945. The technical pattern hasn’t […]
2022-04-08 @ 14:25
Gold continued to trade in a tight range yesterday. The market opened at 1923. After wandering around 1920-23 in the Asian session, the price has started to climb as it approached the European session; and peaked at 1937 during the US trading hours. The day ended at 1931, up by USD 7. The structure hasn’t […]
2022-04-06 @ 12:40
Gold continued to trade in range-bound yesterday. The day began at 1932, and the price traded in a tight range between 1926-32 in the Asian & European session. The price jumped to the day-high 1944 at the US session but quickly dropped back to near 1920. The day ended at 1922, down by USD 9. […]
2022-04-04 @ 16:30
Gold eased as the USD strengthened after the employment figures last Friday. The market opened at 1937. The price was traded in a tight range between 1933-37, early in the Asian and European sessions. The drop began as the market approached the US session, and the price consolidated further after the US released its employment […]
2022-04-01 @ 14:05
Gold was rejected by 1950 again yesterday. The market opened at 1932, and the price has started to climb after it visited the day-low at 1918 early in the day during the Asian session. The upward momentum has accelerated as the price crossed the S-T resistance line(1). The gold price peaked at 1950 during the […]
2022-03-31 @ 16:41
Gold rose to 1940, the top of the range yesterday. The price has been bouncing between 1920-25 early in the Asian session after the day began near 1920. The market was relatively stable until it visited the day-low at 1916 and started to rebound. The price jumped to the day-high 1938 at the US session, […]
