Categories
Analysis Technical analysis

GOLD 27.01.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1857.09-1852.09 and it is going to the target zone №2 1907.09-1902.09. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1825.12-1820.12. In case of the […]

Categories
Analysis Technical analysis

GOLD 20.01.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1809.38-1804.38 and it has a potential to reach the target zone №2 1759.38-1754.38. The best prices to try to have a short position are the control resistance zone 1857.09-1852.09. In case of the price is fixed upper the control […]

Categories
Analysis Market overview

GOLD overview 12.01.2021

Gold rebounds on inflation risks. Gold under the bullish pressure today – gaining nearly 1%- reversing from the a one-month low touched in the last session, as investor focus has now shifted to prospects of inflation driven by more U.S. fiscal stimulus under President-elect Joe Biden. The money markets are factoring in a very sizeable […]

Categories
Analysis Technical analysis

GOLD 12.01.2021

Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1859.38-1854.38 and it has a potential to reach the target zone №2 1809.38-1804.38. The best prices to try to have a short position are the control resistance zone 1871.61-1866.61. In case of the price is fixed upper the control […]

Categories
Analysis Technical analysis

GOLD 05.01.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1934.34-1929.34 and it is going to the target zone №2 1984.34-1979.34. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1895.69-1890.69. In case of the […]

Categories
Analysis Market overview

GOLD overview 04.01.2021

Gold surges on spiking COVID-19 cases. Gold continues to rise sharply today – opening this year with the strong 2% rise – as the sharply rising Covid-19 cases are boosting its safe-haven appeal. The markets are coming to terms with the fact that the mass vaccination programmes started in Europe and USA – (most vaccines […]

Categories
Analysis Technical analysis

GOLD 25.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1885.09-1879.34 and it is going to the target zone №2 1934.34-1929.34. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1846.22-1841.22. In case of the […]

Categories
Analysis Technical analysis

GOLD 18.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1885.09-1879.34 and it is going to the target zone №2 1934.34-1929.34. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1846.22-1841.22. In case of the […]

Categories
Analysis Technical analysis

GOLD 10.12.2020

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 1885.09-1879.34 and it is going to the target zone №2 1934.34-1929.34. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1825.25-1820.25. In case of the […]

Categories
Analysis Market overview

GOLD overview 04.12.2020

Gold rose on expectations of additional U.S. stimulus. Gold has been rising in the last trading sessions – reversing the previous sharp losses – as the expression of USD weakens as the investors are expecting interest rates will stay low for a long time in the United States, forcing yield-seekers to head elsewhere for better […]