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Thread: GOLD

  1. #741
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    Gold Technical Levels - 05.09.2017
    Gold is marching higher over North Korea’s nuclear test. Today’s range $1325-1340
    In the short-term price is likely to move higher towards $1360 area.
    Gold is currently trading at $1331/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  2. #742
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    Gold Technical Levels - 07.09.2017
    Gold is up this week over North Korea’s nuclear test and a weaker dollar. Today’s range $1332-1349
    In the short-term price is likely to move higher towards $1360 area.
    Gold is currently trading at $1341/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  3. #743
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    Gold Technical Levels - 12.09.2017
    Gold is down this week as risk aversion fades. Today’s range $1322-1329
    In the short-term price is likely to move higher towards $1360 area.
    Gold is currently trading at $1325/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  4. #744
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    Gold Technical Levels - 14.09.2017
    Gold is down this week as risk aversion fades. Today’s range $1318-1326
    In the short-term price is likely to move higher towards $1360 area.
    Gold is currently trading at $1320/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  5. #745
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    Gold Technical Levels - 19.09.2017
    Gold is grinding lower as risk aversion fades. Today’s range $1306-1310
    Gold is currently trading at $1308/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  6. #746
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    Gold Technical Levels - 25.09.2017
    Gold is grinding lower as the dollar recovers. Today’s range $1288-1298.
    Gold might decline towards $1258 per troy ounce
    Gold is currently trading at $1294/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  7. #747
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    Gold Technical Levels - 03.10.2017
    Gold remains under pressure as the dollar recovers and risk aversion fades. Today’s range $1273-1268
    Gold might decline towards $1258 per troy ounce.
    Gold is currently trading at $1271/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.


  8. #748
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    Gold trades at the lowest levels in eight-week and remains on track to book the fourth weekly decline in a row ahead of the US NFP data release.

    The non-interest bearing gold came under renewed selling pressure yesterday, after the US dollar rallied hard in tandem with Treasury yields, following hawkish remarks from the FOMC members George and Harker, who backed the case for a Dec rate hike.

    Moreover, the recent bullish US fundamentals combined with progress on tax reforms also boosted the USD bulls, knocking-off the USD-denominated commodity to multi-week troughs.

    Looking ahead, the US labour market report remains the main risk event for the precious metal, with upbeat readout across all the indicators could trigger a fresh sell-off in gold towards 1250 levels.

  9. #749
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    Gold Technical Levels - 06.10.2017
    Gold has so far failed to form a base around $1270 per troy ounce area, will look for the lower base. Today’s range $1271-1263
    Gold might decline towards $1258 per troy ounce
    Gold is currently trading at $1265/troy ounce. Immediate support lies at $1289, and resistance at $1365 area.

  10. #750
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    Gold Technical Levels - 09.10.2017
    Gold is up over geopolitical tensions between Turkey and the United States. Today’s range $1275-1285
    Gold is currently trading at $1283/troy ounce. Immediate support lies at $1260, and resistance at $1320 area.

 

 
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