Monday, January 27, 2020
Home > XAU/USD
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

Read More
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

Read More