• 1,032 days Will The ECB Continue To Hike Rates?
  • 1,032 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,034 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,434 days Could Crypto Overtake Traditional Investment?
  • 1,439 days Americans Still Quitting Jobs At Record Pace
  • 1,441 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,444 days Is The Dollar Too Strong?
  • 1,444 days Big Tech Disappoints Investors on Earnings Calls
  • 1,445 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,447 days China Is Quietly Trying To Distance Itself From Russia
  • 1,447 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,451 days Crypto Investors Won Big In 2021
  • 1,451 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,452 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,454 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,455 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,458 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,459 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,459 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,461 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

Gold: Potential Short-Term Higher Low in Place

Gold has potential put in place a higher low at 1306 (24/09/2013 low), suggesting weakening short-term selling pressures. An initial resistance is given by the declining trendline (around 1355). Another resistance stands at 1376.

The medium-term technical configuration remains biased to the downside given the break of the rising channel and the longer term bearish trend. Key supports are at 1268 and 1181, while a key resistance stands at 1434.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment