Tag: support

Why did gold stay in neutral zone after Fed

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.
Oil prices development backed by easing restrictions in China

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.
Gold accumulates volume around support level

Gold accumulates volume around support level

Gold breached above resistance level and accumulates volume. Despite this, this month's performance is -2.54%.
Gold breaks downtrend pattern

Gold breaks downtrend pattern

After a month long downtrend on gold, first disruption occurred. Price went up and left important supports behind.
Gold erased previous week’s gains

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.
Technical analysis of Gold – Levels checkup

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.
Technical analysis of Gold

Technical analysis of Gold

The process of opening a trade consists of several important steps, which can give you a higher probability of success.