News and Technical Analysis for Gold and Silver
Spot gold price may dip to $1,885-$1,847 range
February 03, 2023
Spot gold moving around support $1,914, waiting for Nonfarm Payrolls data for direction. Gold price is still holding above the $1,900 mark, after a sharp pullback from ten-month highs..
Spot gold rising toward $2,000 mark
February 02, 2023
Spot gold may rise into a range of $1,970-$1,978 per ounce. The 14-day Relative Strength Index (RSI) is probing the overbought territory, suggesting that further upside remains in place..
Spot gold may ready to visit near $1,680
July 12, 2022
Next support for spot gold is $1,720, a break below may open path for $1,666 - $1,684 range. Gold already touch $1,723 point which is lower than the July..
Spot gold may revisit $1,728
July 01, 2022
Spot gold may retest recently created support $1,728 per ounce, a break below could trigger a drop into $1,711 to $1,721 range. Gold is riding on..
Spot Gold may test next resistance at $1,820
July 04, 2022
Spot gold may test next resistance at $1,820 per ounce, if break can reach to $1,829. As resistance at $1,812 is already broken which may clear path for $1,820-$1,829..