By Orbex
The precious metal settled above the 1817.80 level on Friday, with some modest declines.
Price action has been trading above after rising above this level last week.
A sideways range is emerging as a result of gold prices trading between the 1850 and the 1817.80 levels for the moment.
We could expect to see prices resuming the downside if it fails to rise above 1850.
Free Reports:
The Stochastics oscillator is also moving out from the overbought levels indicating the move lower.
For now, the previous lows near 1771 remain the key downside target for gold.
By Orbex
By Patrick J. Schena, Tufts University Creating a government fund to own AI stock and…
By JustMarkets The US equity indices ended Wednesday’s session with notable declines as geopolitical risks…
By Analytical Department RoboForex USD/JPY held near 163.50 on Thursday, with the yen retreating slightly…
By Analytical Department RoboForex GBP/USD continued to consolidate at 1.3283 on Wednesday. The British pound…
By JustMarkets The US equity indices showed mixed performance on Tuesday. The Dow Jones (US30)…
By Pawan Jain, University of Michigan Flint Finding good financial advice can be stressful –…
This website uses cookies.