2022-01-21 @ 15:42
Gold stalled near the 2-months high. The market opened at 1840, and the price has been bounded between 1835-40 throughout the Asian & European session. The gold price brushed to a new 2-months high at the US session, however, the buying momentum hasn’t been able to follow through. The day ended at 1839, practically unchanged […]
2022-01-20 @ 14:48
Gold surged over USD 26 yesterday. The day has started at 1813. Early in the Asian session, the price was traded between 1810-15. The climb has officially begun after the price broke out from 1820 and the resistance trendline(1) at the European session. Buying accelerated at the US session, and the price reached day-high near […]
2022-01-19 @ 19:42
Gold rallied to a weekly low yesterday. The market opened near day high yesterday. Once the price touched 1822 early in the Asian session, it sunk all the way to the day low at 1808. Volatility has increased during the US session, but the price has been able to maintain its path within 1810-20, The […]
Gold pulled back from a new weekly high last Friday. The market opened at 1821 and the price reached the day-high before the European session early in the trading day. Once the US released the retail sales figures, the price has begun to turn weak. It touched again 1815 and the market ended at 1817, […]
2022-01-14 @ 15:33
Gold rebounded after a brief sell-off yesterday. The market opened near day-high in 1825. The price has started to turn south as it entered the European session, touching the day-low around 1811 at the US session. At the day’s end, the gold price rallied back to 1822, closed down by USD 3. Overall the market […]
2022-01-13 @ 16:06
Gold continued to move up yesterday. The market opened near 1820. The price has first consolidated toward 1815 in the Asian and early European session. The price had begun its climb as the time get close to the US session. Once it broke out from the resistance line(3), the price traveled to day-high 1827. The […]
2022-01-11 @ 12:58
Gold rose a bit further yesterday. The week began at 1794 with the price trading between 1790-1800 thought-out the majority of the day. The price broke the resistance 1800 near the day’s end and the day ended near 1801, up by USD 5. The movement yesterday was in line with our expectations. For the moment, […]
2022-01-10 @ 16:24
Considering it was a non-farm night, the gold price was relatively stable last Friday. The market opened near 1791. Throughout the Aaisan and European session, the price has fluctuated in a USD 7 range between 1785-92. At the US session opening, the price touched a 2 week low near 1782 then rebounded. The day ended […]
2022-01-07 @ 17:09
Gold fell USD 19 yesterday. The drop began early after the day began near day-high around 1810 at the Asian session. Once the price broke the support of the uptrend channel(1), the selling has accelerated. The price went to the early low around 1792. After a brief rebound, the second round of selling occurred at […]
2022-01-06 @ 13:33
Gold tested the resistance again yesterday. The day began near 1813. At the European session, the buying momentum from the day before has resumed, breaking out from 1815(1) resistance, the price has gone all the way to 1829 at the US session. The price has pulled back thereafter, it went to day-low 1808, with the […]
