Comex Gold (GC) Gold continued to engage in choppy sideway trading below 1025.8 last week, without making any progress. Further consolidation could still be seen with risk of another fall. Though, downside…
Tag: gold weekly technical outlook
Gold Weekly Technical Outlook
Comex Gold (GC) Gold’s pull back from 1025.8 extended further to as low as 985.5 last week and further decline could still be seen to 983.2 support and below. Nevertheless, downside is…
Gold Weekly Technical Outlook
Comex Gold (GC) Gold edged higher to 1025.8 last week but lost upside momentum ahead of 1033.9 key resistance. With bearish divergence conditions in 4 hours MACD and RSI, a short term…
Gold Weekly Technical Outlook
Comex Gold (GC) Gold’s rally extended further to as high as 1013.7 last week, and took out 1007.7 resistance as expected. Short term outlook will remain bullish as long as 983.2 support…
Gold Weekly Technical Outlook
Comex Gold (GC) Gold rose sharply to as high as 999.5 last week, just shy of 1000 psychological level, before turning sideway. Initial bias remains on the upside this week as long…