2022-06-08 @ 11:21
Gold remained in a tight range yesterday. The day began at 1840; the buying orders came into the market once the price had touched the day-low early in the Asian session. The price gradually climbed toward the day-high near 1855 before the day’s end. The market ended up closed at 1851, up by USD 11. […]
2022-06-07 @ 13:26
Gold continued to pull back yesterday. The price traded in a tight range between 1850-56 early in the Asian and European sessions. The drop began once the price reached the day-high near 1857 at the US session opening. The price touched a day-low at 1840, with the day ending at 1841, down by USD 10. […]
2022-06-02 @ 14:11
Gold rallied from the one week-low yesterday. The market started at 1836; the price slowly sank toward the day-low 1828 throughout the Asian and European sessions. The rebound began once the US session became active, and the price jumped to the day-high near 1850, with the day ending at 1845. Gold escaped the triangle pattern(1) […]
Gold hit near 2-week low yesterday. The price has been bouncing around the 1850 level after the market opened at 1855, early in the Asian session. The drop began once the price touched the day-high at 1857 during the European trading. I cleared the recent support of 1840 late in the US session and fell […]
2022-05-31 @ 12:37
Gold remained in a tight range yesterday. The day began at 1852. The price first touched the day-high near 1863 early in the Asian session, then the consolidation started. The day finished at 1854, bounded in a USD 16 range. The price has entered a relatively tight range between 1840-70(2) since it left the uptrend […]
2022-05-27 @ 12:26
Gold was bounded by a tight range yesterday. The market opened at 1853. The price has rallied toward the day-low at 1839 prior to the US session, similar to intraday movement from the day before, and the price rebounded to 1850 to end the day. Gold has gradually escaped the uptrend channel(1) on the 1-hour […]
2022-05-26 @ 14:17
Gold pulled away from the 2-week high yesterday. The day began at 1865, and the market touched the day-high 1868 early in the Asian session. The S-T consolidation has been triggered by the price clearing the supporting trendline(1) before the European session. The price reached the day-low at 1841 before the US released its Feb. […]
2022-05-25 @ 13:38
Gold continued to edge higher yesterday. The climb began after the price touched the day-low at 1849 during the Asian session. Once the price cleared the resistance at 1860, it was pushed all the way to the 1869 day-high. The day ended at 1866, up by USD 12. The uptrend channel(2) on the 1-hour chart […]
2022-05-24 @ 12:48
Gold pulled back from the 1-week high yesterday. Shortly after the market opened at 1848, the price crossed the 1850 resistance early in the Asian session. The day peaked at 1865 before the US session, and the day ended at 1853, up by USD 7. The price pulled back from the upper limit of the […]
2022-05-23 @ 17:15
Gold was rejected by 1850 last Friday. A relatively tight range bounded the trading between 1832-49 throughout the day, and the market ended slightly up near 1845 with a USD 3 gain. Carried the buying momentum from last Friday, the price broke out from the 1850(1) resistance early in the Asian session today. The uptrend […]
