Gold is higher, making nice extensions from the 1782 level; which can be even an impulse, but for now we will stick with wave “c” of C that can be looking for more upside today to complete a red wave degree cycle.
Gold Analysis
Gold Price Analysis: Surge reaches $1,815
Gold Price Analysis: The price for gold has reached the 1,815.00 mark, where the late November high-level resistance zone is located at. Namely, the 1,812.50—1,815.80 zone acts as resistance.
Gold Prices First Weekly Rise in Five After Fed Decision
Gold prices climbed on Friday, poised for its best week since mid-November, as the dollar weakened after the U.S. Federal Reserve decided to withdraw its pandemic-era stimulus in response to broadening inflationary risks.
Gold Rate Today: Gold Prices, Resistance for gold at Rs 48,945
Gold Rate Today: Gold was trading flat in the international market on December 17 amid weakness in the dollar index and rising unemployment claims in the US.
Gold (Yellow Metal): Direction To Be Determined By Fed Policy
Gold (Yellow Metal)has two very strong, but contradictory price actions signals on the monthly chart. There are two simultaneous Harami inside bar fans’ break patterns.
Spot Gold Forecast: Above $1730 Target $1770——$1792 | Neal Bhai
Spot Gold Forecast: Biden scaled back on his infrastructure bill. However, with all the remaining cards still in play, his economic agenda should be positive for gold.