gold market analysis Hit Full Target $1720 Next Target $1697 – Neal Bhai Reports
Read More : Gold Technical Price Outlook – Below $1767 Target $1720——$1697, Sell on Rise – Neal Bhai
trading gold futures
Gold Technical Price Outlook – Below $1767 Target $1720——$1697, Sell on Rise – Neal Bhai
Gold Technical Price Outlook – Below $1767 Target $1720——$1697, Sell on Rise – Neal Bhai
Gold RSI Suggests More Room for Additional Upside
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.
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.
