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…
Tag: gold report
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 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 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…
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…
Gold Daily Technical Outlook
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…
Gold Daily Technical Outlook
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…
Gold Daily Technical Outlook
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…
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…
Gold Daily Technical Outlook
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…