Tag: gold daily technical outlook

Comex Gold (GC) A short term top is in place in gold at 1009.7 after hitting 1007.7 resistance. Pull back from there is still in progress and touches 4 hours 55 EMA…

Comex Gold (GC) Gold retreats mildly after hitting 1009.7 and break of 995.9 minor support suggests that an intraday top is in place after hitting 1007.7 resistance. Intraday bias is turned neutral…

Comex Gold (GC) Gold’s rally extends further to as high as 1009.4 so far today and break of 1007.7 resistance confirms that rise from 681 has resumed for next target of 1033.9…

Comex Gold (GC) Gold stays in tight range below 1000 psychological level today and upside momentum is diminishing a bit with 4 hours MACD crossed below signal line. Nevertheless, intraday bias remains…

Comex Gold (GC) The sharp rise in gold extended further to as high as 999.5 before retreating mildly. At this point, intraday bias remains on the upside as long as 982 minor…

Comex Gold (GC) Gold’s sharp rally sent it through 974.3 resistance as well as upper trend line resistance, suggesting recent triangle consolidation might be completed already. At this point, intraday bias remains…

Comex Gold (GC) Intraday bias in Gold remains neutral for the moment. We’d expect some more consolidation between 931.3 and 974.3 and will stay neutral as long as Gold stays in this…

Comex Gold (GC) Gold’s rebound was limited at 964.6 and retreated again. With 4 hours MACD crossed below signal line, intraday outlook is turned neutral again. The choppy look of the rise…