2022-04-25 @ 17:05
Gold cleared the 1940 support last Friday. The price has started its journey down after it the day began at 1955 and touched the day-high 1955 in the Asian session. It broke out from the 1940(1) support during the European session hit the day-low at 1926. The day ended at 1929, down by USD 21. […]
2022-04-22 @ 15:14
Gold rallied from 1940 again yesterday. The day began near the day-high at 1956, and the price was one-way downward during the trading at the Asian & European sessions. It touched a new weekly low at 1936 at the US session opening then the rebound started. The day ended at 1950, down by USD 6. […]
2022-04-21 @ 13:45
Gold successfully defended the 1940 support yesterday. The day began at 1949. Carried the selling momentum from the US session the day before, the price touched the day-low early in the Asian session yesterday. The price was gradually moving higher during the European session. The day ended near day-high at 1957, up by USD 8. […]
Gold pulled back further yesterday. The market opened at 1977 on Tuesday. Carried the bearish momentum from the US session the day before, the price broke out from the supporting trend(1) early in the Asian session. The drop yesterday officially began at the US session after it reached the day-high at 1981. The selling has […]
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 […]
2022-04-12 @ 14:34
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 […]
