Comex Gold (GC) Gold’s choppy sideway trading continues and intraday outlook remains neutral for the moment. Some more consolidation could still be seen with risk of another fall to 983.2 support and…
Tag: gold daily technical outlook
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s rebound is so far still limited below 1025.8 and intraday outlook remains neutral. Some more consolidation could still be seen with risk of another fall to 983.2 support…
Gold Daily Technical Outlook
Comex Gold (GC) Gold rebounds strongly ahead of 38.2% retracement of 931.3 to 1025.8. Intraday outlook remains neutral for the moment. On the upside, while another rise might be seen, it now…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s fall from 1025.8 extends further today and is back pressing 1000 level. As discussed before, a short term top is in place with bearish divergence conditions in 4…
Gold Daily Technical Outlook
Comex Gold (GC) With 4 hours MACD dragged below signal line, an intraday top is in place and bias is turned neutral for the moment. Also, considering bearish divergence condition in 4…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s rally is still in progress and reaches as high as 1025.8 so far. At this point, intraday bias remains on the upside and further rise should still be…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s rally resumes after brief consolidation and reaches as high as 1023.3 so far. Short term outlook will remain bullish as long as 994.5 support holds and further rise…
Gold Daily Technical Outlook
Comex Gold (GC) Intraday bias in Gold remains neutral for the moment as consolidation from 1013.7 is still in progress. Nevertheless, with 983.2 support intact, further rally is still expected to test…
Gold Daily Technical Outlook
Comex Gold (GC) While some retreat might still be seen, short term outlook in Gold remains bullish with 983.2 support intact. Further rally is still expected to retest 1033.9 high first. Break…
Gold Daily Technical Outlook
Comex Gold (GC) Gold retreat was contained at 983.2 by 4 hours 55 EMA and rebounded strongly. Break of 998.7 minor resistance flips intraday bias back to the upside. Further break of…