2022-01-05 @ 13:53
Gold rebounded from 1800 yesterday. The market opened near 1802, and the price has been trading between 1800-06 throughout the Asian and European sessions. The rebound has officially begun after the price touched day low at 1798 before the US session. The price reached the day-high at 1816, with the day ending at 1814, up […]
2022-01-04 @ 13:01
Happy New Year! Gold pulled back from the 2-months high yesterday. The market opened near 1830. And the price has begun to slide after the price briefly touched the daily high near 1832 early in the Asian session. As the price broke the supporting trendline(1) at the US session opening, a new round of selling […]
2021-12-23 @ 13:47
Gold climbed more than USD 10 yesterday. The market opened at1788. The price was bounded by a tight range between 1785-91 during the Asian & European session. At the opening of the US session, volume rushed in. The price broke out from the S-T downtrend channel(1) and the 1792 resistance. It went all the way […]
Gold had once again pulled back from an early climb yesterday. The market opened at 1790 early in the Asian session. During the European session, an upwave had been triggered by the price breaking out from the trendline (1) and the resistance line 1792. It reached the day-high 1800 at the opening of the US […]
2021-12-21 @ 16:42
Gold had carried the selling momentum from the day before, consolidated further yesterday. The price had kept moving lower after the market opened at 1800 and touched the day-high early in the Asian session. It sunk to the bottom 1788 late in the US session ended the day at 1790. As mentioned yesterday, gold has […]
2021-12-20 @ 17:30
Gold pulled back from another weekly high last Friday. The market opened near 1798 levels. Once the price broke out from the key 1800 resistance(1) early in the Asian session, it had not stopped climbing until it peaked at 1814 at the US session opening. After the price touched 1814, profit-taking and selling soon began. […]
2021-12-16 @ 13:38
Gold rallied from the 2-months low yesterday. The market opened near 1771, and the selling accelerated at the US session opening. The price cleared the 1770 support and dipped all the way to a 2-months low near 1752 right after the US Fed. announcement. The gold price rebounded quickly thereafter, the day ended at […]
2021-12-15 @ 14:20
Gold pulled back from the weekly high yesterday. The market opened in 1785 and the price had mainly been trading between 1782-88 throughout the Asian & European sessions. Once the US session began, selling poured into the market. Price went to as low as 1766. The day eventually ended at 1770, down USD 16. […]
2021-12-14 @ 13:19
Gold inched higher yesterday. The price had been steadily on its way up after the market opened near day-low around 1782. The price reached day-high 1791 before the US session, and the price retraced thereafter, with the day ending near 1786. The pattern hasn’t changed much in the 1-hour chart. Overall the price is […]
2021-12-13 @ 12:41
Gold gained slightly last Friday. The price had carried the selling momentum from the day before, the price slipped to 1770 at the European session. Once the US released its inflation figures, the price had rebounded quickly. It touched day-high at 1789, with the day ended at near 1782. The pattern hasn’t changed much […]
