Tag: gold daily technical outlook

Comex Gold (GC) Intraday bias in Gold remains neutral for the moment and some more consolidation could be seen. Nevertheless, downside is expected to be contained well above 1011.0 resistance turned support…

Comex Gold (GC) With 4 hours MACD crossed below signal line, an intraday top is in place at 1062.7 and some sideway trading might be seen. But downside should be contained above…

Comex Gold (GC) Gold rally extends further to as high as 1059.6 today and remains firm. Further rise is still expected, targeting 100% projection of 931.3 to 1025.8 from 952.5 at 1080…

Comex Gold (GC) Gold’s rally is still in progress and remains firm after making new record high of 1049.7. At this point, intraday bias remains on the upside and further rise could…

Comex Gold (GC) With 4 hours MACD crossed below signal line, Gold’s recovery from 985.5 might have completed at 1011.1 already. Intraday bias is flipped back to the downside for 985.5 first….

Comex Gold (GC) As discussed before, Gold’s retreat from 1025.8 might have completed at 985.5 already. Intraday bias is mildly on the upside for a retest of 1025.8 high. Nevertheless, note that…

Comex Gold (GC) Gold’s recovery from 985.5 extends further and break of 1001 minor resistance argues that fall from 1025.8 has completed already. Intraday bias is flipped back to the upside for…

Comex Gold (GC) With 4 hours MACD crossed above signal line, an intraday low is in place in gold and some more consolidations could be seen. Nevertheless, risk remains on the downside…

Comex Gold (GC) At this point, intraday bias in gold remains on the downside with 1001 minor resistance intact. Pull back from 1025.8 is still expected to continue to 983.2 support and…

Comex Gold (GC) Gold’s fall from 1025.8 resumed and reached as low as 995.3 so far. At this point, intraday bias remains on the downside and further pull back could be seen…