Short-term strength within the bearish channel Despite signs of short-term strength, gold's advance is a counter-trend rally within a larger…
Strength returns A higher daily high and a higher low will wrap up today and put gold in a position…
The range right now, I would say, is between $2,715 and $2,590. But it can expand from time to time.…
January 2025 will be the ultimate test for the gold market: if gold continues to trade within a narrow range,…
Transactions within a descending trend channel Keep in mind that silver is in a downtrend. Therefore, a continuation of the…
Weekly chart shows strength The weekly chart with a longer time frame (not shown) shows greater strength than what is…
Higher up the target zone is 2,688 If the 50-day line can then be reclaimed and buyers remain in control,…
Daily Gold (XAU/USD) Gold's price action reflects gold's struggle to break through significant resistance. After reaching $2790.17 at the end…
Short-term strength in counter-trend rally Nevertheless, the trendline closely coincides with the 20-day MA indicated as resistance at the recent…
What forces united to bring about Gold's historic rally? Several key factors drove gold's remarkable rise in 2024. Central banks…
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