• 391 days Could Crypto Overtake Traditional Investment?
  • 396 days Americans Still Quitting Jobs At Record Pace
  • 398 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 401 days Is The Dollar Too Strong?
  • 401 days Big Tech Disappoints Investors on Earnings Calls
  • 402 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 404 days China Is Quietly Trying To Distance Itself From Russia
  • 404 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 408 days Crypto Investors Won Big In 2021
  • 408 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 409 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 411 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 412 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 415 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 416 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 416 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 418 days Are NFTs About To Take Over Gaming?
  • 419 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 422 days What’s Causing Inflation In The United States?
  • 423 days Intel Joins Russian Exodus as Chip Shortage Digs In
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Gold - Setting Lower Highs

Gold's volatility is strong in the medium-term. The metal is setting lower highs which indicates a negative momentum. Hourly resistance is given at 1343 (22/09/2016 high). Key resistance stands far away at 1375 (06/07/2016 high). Expected to show renewed bearish pressures towards key support at 1302 (01/09/2016 low).

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment