Browsing Tag

gold

Gold Price and Crude Oil Price Could Correct Lower

Gold price rallied recently above $1,325 and later faced sellers near $1,346. Crude oil price is placed in a bullish zone, but a break below the $56.75 support could trigger a downside correction. Important Takeaways for Gold and Oil Gold price tested the $1,345-1,346 resistance area and later [Read more...]

Gold Price and Crude Oil Price Facing Crucial Resistances

Gold price remained in a bearish zone and declined below the $1,310 support area. Crude oil price is following a bearish structure below the $53.20 and $53.60 levels. Important Takeaways for Gold and Oil Gold price started a major decline and traded below the $1,316 and $1,310 supports against [Read more...]

Gold Price and Crude Oil Price Could Accelerate Higher

Gold price declined recently and tested the $1,275 support area where buyers emerged. Crude oil price broke a key resistance near $53.50 and it may continue to move higher. Important Takeaways for Gold and Oil Gold price is gaining momentum and broke the $1,280 resistance against the US Dollar. [Read more...]

Gold and Crude Oil Price Primed For Gains

Gold price corrected lower recently and found support near the $1,286 level. Crude oil price is following a bullish path and it may continue to rise in the short term towards $55.00. Important Takeaways for Gold and Oil Gold price found support near the $1,286 level and recently recovered above [Read more...]

Gold Gaining Momentum While Oil Stays Bearish

Gold price started a solid upward move from the $1,238 low and broke the $1,260 resistance. Crude oil price remains in a downtrend and it could decline below $43.00 in the near term. Important Takeaways for Gold and Oil Gold price gained a lot of bullish momentum above the $1,270 resistance [Read more...]

Gold Remains Sell and Oil Buy On Dips

Gold price faced a solid resistance near $1,250 and recently declined. Crude oil price is placed nicely above the $52.00 support area and it could move higher in the short term. Important Takeaways for Gold and Oil Gold price topped near the $1,250 level recently and started a downside [Read more...]

Gold and Crude Oil Buyers Face Uphill Task

Gold price is correcting higher, but it is facing a major resistance near $1,248. Crude oil price is under pressure, and on the upside, there are key resistances near $70.25 and $70.70. Important Takeaways for Gold and Oil Gold price declined this week and settled below the $1,250 support [Read more...]

Gold and Crude Oil Prices Remain At Risk of More Declines

Gold price corrected higher, but it failed to gain momentum above $1,255. Crude oil price started a new downside correction and it could decline towards the $71.00 support. Important Takeaways for Gold and Oil Gold price found support around the $1,245 level and recovered against the US Dollar. [Read more...]

Can Gold and Crude Oil Prices Gain Momentum?

Gold price is likely forming a base around $1,260 for an upward move. On the other hand, crude oil price is trading with positive signs, but it is approaching a major resistance near $66.80. Important Takeaways for Gold and Oil Gold price found support near $1,260 after a major decline against [Read more...]