Gold RSI Suggests More Room for Additional Upside – While the actual bullish break materialized after a classic symmetrical triangle pattern was confirmed on the daily chart last Thursday. The bulls rallied hard to clock a fresh seven-year high at 1751.80 before retracing slightly into the weekly closing on Friday.
best gold investment
![Gold Ready to Move Target price $1877 By Neal Bhai [26-01-2022]](https://www.goldsilverreports.com/wp-content/uploads/2019/12/Jerome-Powell-gsr-145.jpg)
Gold steady as Investors Eye US Fed’s Powell Speech
Gold prices were little changed on Wednesday, with markets awaiting a speech by Federal Reserve Chairman Jerome Powell for more signals on the US interest rate trajectory after dismal economic data.
Gold Technical Price Outlook : Down
Gold Technical Price Outlook : The recent pullback in gold may gather pace in May as the Reserve Bank of Australia (RBA) and Bank of England (BoE) are expected to keep interest rates at a record low, and the wait-and-see approach for monetary policy may dampen the appeal of bullion as governments across the advance economies unveil plans to roll back lockdown laws.
Gold Technical Analysis – Gold Prices Rally Ready to Break Out?
Gold Technical Analysis – Gold prices surged higher rising 0.8% and closing at a seven-year high. The next level of target resistance is the April high at $1,747. After that level, gold could rally to $1,927 level. A break of this 2011 level would lift gold into blue sky territory.
Gold Hit My Support Level $1683.48, Now Buy Gold and Silver at CMP, Small Quantity (Call only For Positional Traders) – Neal Bhai Reports
Gold Hit My Support Level $1683.48, Now Buy Gold and Silver at CMP, Small Quantity (Call only For Positional Traders) – Neal Bhai Reports
Jobless Claims Rise
Spot Gold Below $1703 Downside Target $1690—$1682 – Don’t Panic @ Lower Level
Spot Gold Below $1703 Downside Target $1690—$1682 – Don’t Panic @ Lower Level
Gold could reach $2,000 this year
An inverse head and shoulders pattern forms when an asset makes a low, a lower low, and a higher low – it implies a bottoming and change in trend direction.
Gold Bull Trend Continue as Expected – Gold Silver Reports
Spot Gold resumes its bulltrend as expected and strategists at Credit-Suisse continue to lookfor eventual new life time record highs.
Spot Gold $1600 To 1720 Full Target Done- Profit $120 Points – Big Profit, Just 1 Single Tips
Spot Gold Above $1724 level no shorts, Big rally on chart. We see $1737 —— $1770 Very Very Soon.
Above $1724 level, Only Blast
Gold Silver Boom Boom, Told you Market Ready for Big Blast – Gold High 45724 Full Target
Gold Silver Boom Boom, Told you Market Ready for Big Blast – Gold High 45724 Full Target Hit
Should you Buy Gold Now?
Precious metals too have seen massiveintraday movements and virusrelated panic have forced investors to raise cash by selling gold and silver.