Monday, October 15, 2018
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Gold 15/10/2018 | EconAlerts

Technical Analysis – Gold exits trading range

Gold advances to an almost 3-month peak; exits trading range. Gold reached a fresh near three-month high of 1230.33 today, continuing the aggressive bullish rally that started in the preceding week. The price successfully surpassed the narrow 1180.60 – 1212.50 range that had been holding since August 20, suggesting further upside moves in the near term. Having a look at

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Gold 17/09/18 | EconAlerts

Technical Analysis – Gold still consolidating

Gold still consolidating; unable to break narrow range. Gold still trades below the 20- and 40-period simple moving averages (SMA) on the 4-hour chart, however, it was moving higher during the last couple of candles. The market appears to be largely in a neutral mode after the fall below the 1214.15 level. Notice that the RSI is mostly moving sideways below the 50 level, while the %K line

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Gold 10/09/18 | EconAlerts

Technical Analysis – Gold neutral in the short-term

Gold neutral in the short-term but still negative in the long-term. Gold holds below the 20- and 40-simple moving averages (SMAs) in the 4-hour chart, signaling further losses. In the short-term though, the market appears to be in a largely neutral mode after the fall below the 1207 hurdle. The RSI is largely moving sideways below the 50 level. Notice though

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