Gold faced bearish pressure as it dropped below the 50-day SMA on Wednesday. Potential support zones stand at $1,990 and $1,975, with further downside focusing…
Category: GOLD Forecast
GOLD is currently priced at 2020.13, with a technical analysis revealing a nuanced perspective. Oscillators signal neutrality, but Momentum and MACD indicate bearish sentiment. Moving…
An additional indication supporting a potential upswing in Gold quotations during the upcoming trading week (January 15-19, 2024) is anticipated through a bounce-back from the…
XAU/USD Technical Analysis Summary: Market Direction Prediction: The XAU/USD market currently presents a nuanced outlook, with indicators signaling mixed sentiments. While oscillators suggest neutrality and…
A supplementary indication favoring an upturn in XAU/USD values would involve assessing the resilience of the relative strength index (RSI) against a resistance threshold. The…
The XAU/USD technical analysis suggests a nuanced market outlook. While short-term moving averages and some oscillators signal a buy stance, long-term indicators lean towards selling.…
Indicators point towards a potential uptick in Gold prices during the trading week of January 8-12, 2024. Look for a bounce off the support line…
Anticipates a potential correction, testing support around 2025. Expects ongoing growth in non-ferrous metal prices targeting above 2155. Failure to raise Gold prices will result…
The forecast and analysis of gold for January 4, 2024, anticipate an attempt to develop a price correction and test the support area near the…
The XAU/USD Market, currently priced at $2054.60, presents a mixed technical outlook. While oscillators signal a neutral stance with a slight bearish bias, the moving…