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 JustMarkets On Wednesday, the U.S. stock market declined. By the end of the day,…
By Brian Jay Tang, University of Michigan and Kang G. Shin, University of Michigan Hundreds…
Belize City, Belize, April 29, 2026 – Financial broker RoboForex has expanded its CFD offering with…
By Maximilian Brichta, University of Virginia Once seen as often dry and sometimes intimidating, personal…
By JustMarkets On Tuesday, the US stock market declined. By the end of the day,…
By Analytical Department RoboForex EUR/USD is slightly lower on Wednesday, trading with minimal movement around…
This website uses cookies.