GOLD Spot Weekly Outlook (February 22 – 26, 2021). Improve your technical analysis of live gold prices with the real-time gold (XAU/USD) chart, and read our latest expert analysis and gold price forecast.
GOLD COMEX
सोने की कीमत की भविष्यवाणी 2021 के लिए
सोने की कीमत की भविष्यवाणी 2021 के लिए : हमारे पूर्वानुमान के अनुसार, 2021 में, सोने की दर में $2,000 डॉलर प्रति औंस से ऊपर की वृद्धि होनी चाहिए। निम्नलिखित कारक इसकी सुविधा प्रदान करेंगे: मुद्रास्फीति की उम्मीदों में वृद्धि और अमेरिकी मुद्रा के कमजोर होने से उदार राजकोषीय और मौद्रिक प्रोत्साहन का परिणाम होगा।
BIDEN INAUGURATION TO HAVE LITTLE IMPACT ON GOLD
Today is inauguration day as Donald Trump’s presidency comes to an end, although market significance will be most likely minimal. Taking a look at gold’s performance in the chart below, around the time of inauguration day, there is no discernible implications for the precious metal.
Gold Technical Price Outlook: Above $1785 level, Confirm the Bullish Trend
Gold Technical Price Outlook : $1785 remains a critical level, the gold chart is still a very bullish one but it could be a good confirmation signal if $1785 per troy ounce was broken.”
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 eases as dollar firms; U.S and China are set to meet for trade negotiations in Washington on Oct. 10-11
Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce.
Gold $1,550 is the level to beat for the Bulls, $1,517 is the level to beat for the Bears
Gold COMEX While $1,550 is the level to beat for the bulls, $1,517 is the level to beat for the bears. Gold is currently trading at $1,543, representing 0.22% losses on the day.
Precious Metals: Near Term Correction Due
Precious Metals – ABN AMRO’s Senior precious metals strategist, Georgette Boele, notes that gold prices have gained 17% this year and argues that gold prices have risen too sharply in a short period and are likely to make a correction in the coming months.
Spot Gold Technical Analysis Key: Below $1380 Bears Zone & Support Level – Neal Bhai Reports
Gold Silver Reports (GSR) — Gold Overall for a Resumption of last-month’s bullish-rally, gold prices would need to beat the 6-year high. Alternatively, for a decline to take place, $1380 would need to be penetrated.
Spot Gold Support at $1,337 per ounce and Next Strong Support @ $1,324 – Gold Silver Reports
Gold Silver Reports (GSR) – Spot gold may break a support at $1,337 per ounce and fall to the next support at $1,324.