July 18 2022 🕓 2 min
A 100 bps rate hike speculation knuckles gold down to 1 700$
Gold operates under strong support at 1740$. A massive inflation data from the US pushed the metal to test the 1700$ level.
Tag: support
June 20 2022 🕓 3 min
Why did gold stay in neutral zone after Fed
Fed's monetary decisions were unexpected, but the shock has not come and the price of gold stays in the sidetrend.
June 10 2022 🕓 2 min
Oil prices development backed by easing restrictions in China
Oil is technically in an uptrend from April and data from China could support staying in it for some time.
May 30 2022 🕓 3 min
Gold accumulates volume around support level
Gold breached above resistance level and accumulates volume. Despite this, this month's performance is -2.54%.
May 23 2022 🕓 2 min
Gold breaks downtrend pattern
After a month long downtrend on gold, first disruption occurred. Price went up and left important supports behind.
April 25 2022 🕓 2 min
Gold erased previous week’s gains
This week, gold erased gains from previous week's rally. It's volatility represents -3,24%, and it is not the end of the day yet.
April 8 2022 🕓 3 min
Technical analysis of Gold – Levels checkup
At the beginning of the week we wrote an article about technical analysis of gold. This article provides checkup of these levels and reaction of the price on them.
April 4 2022 🕓 3 min
Technical analysis of Gold
The process of opening a trade consists of several important steps, which can give you a higher probability of success.