2022-03-17 @ 15:37
Gold rallied from the 2-week low yesterday. The market opened at 1920, and the price has basically traded between 1908-30(2) throughout the day before the US fed. Meeting. The price touched the 2-week low, 1894, at the Fed.’s announcement, but the price has rebounded before the day’s end. The market closed at 1926, up by […]
2022-03-16 @ 16:41
Gold dropped to a 2-week low yesterday. The market opened at 1952. After the price crossed the critical support of 1950, a new round of selling began. The price fell to day-low at 1908 at the US session and rebounded slightly to end the day at 1917. The price broke out from the S-T trendline(1) […]
2022-03-15 @ 14:53
Gold slipped further yesterday. The market has opened at 1980, and the price has kept slipping throughout the trading day; it broke last Friday’s low, 1959, at the US session opening. The market closed near day low at 1950, with the day lower by USD 37. The price has broken the lower support the downtrend […]
Gold stabled around the 1990 level yesterday. Carried the selling momentum from the day before, the market opened at 1991, and the price quickly touched the day low at 1970 early in the Asian session. The price rebounded to the day-high 2009 before entering the US session. The price was range-bound between 1970-2010 throughout the […]
2022-03-10 @ 17:02
Gold pulled back from near the record high yesterday. The market opened at 2050, early in the Asian session. The fall technically began once the price crossed the support trendline(1); it fell all the way to the 1st support at 2020. It only took a short while to clear the support at 2020 & 2000(2). […]
2022-03-09 @ 15:17
Gold run for the record high yesterday. The day began at 1997 early in the Asian session, and once it had breached the 2000 barrier, the price reached the early high at the 2020 level. The climb resumed at the US session, and it touched the day-high at 2070. The day finally ended at 2049, […]
2022-03-08 @ 14:01
Gold eased from 2000. Back from the weekend, the market opened with a gap up at 1979 yesterday. The price first touched the 2000 barrier early in the Asian session. The price refilled the gap at the opening of the US session consolidated toward the day-low at 1960. The day ended at 1997, up by […]
2022-03-07 @ 15:03
Gold broke out from 1950 last Friday. The day began at 1936, and the price had been rejected by 1950(1) throughout the Asian & European sessions in early trading. After the release of the better than expected US employment figures at the US session, buying orders came into the market. Once gold cleared all the […]
2022-03-04 @ 14:24
Gold was steady yesterday. The day began at 1929. The early trading in the Asian and European sessions was under the resistance of 1930, bounded between 1920-30. Buying orders have started to enter the market until the US session. The price touched day-high at 1941 with the day ending at 1935. The market was in […]
2022-03-03 @ 13:55
Gold was rejected by 1950 again yesterday. The day began at 1943, and the price has traded between 1930-50(1) during the Asian & European sessions. The drop has started after the price broke the S-T support line(2) and the neckline of the mini-double top pattern(3) at the US session. The day-low has gone to as […]
