Gold price retreats from the five year highs during yesterday’s session and continue to do so this morning and is currently trading above the $1400 level.
Gold hits a fresh high since August 2013 as it propelled above 1400. The following looks at what could happen next based on the Elliott wave theory | AtoZ Markets
Gold price remains well bid above $1425 mark during today’s early session as the on-going USD weakness and pessimistic trade/political plays, continue to please buyers.
After climbing towards the $1353.40 resistance level during yesterday’s session, Gold price directly retreated to settle below $1344 level.
Gold price edges lower at the start of a new trading week and retreated farther from 14-month tops set on Friday.
Gold price edges higher above $1337 through the early European session on Thursday and is currently placed at the top end of its weekly trading range.
In this Gold price analysis, the yellow metal continued to rise this morning after surging during Friday's session amid escalating trade tension between China and the US.
Gold price is currently trading just above the $1283 level, but will the bullish momentum continue? Gain insight into the following gold price forecast
Gold price lacked any firm directional bias and continued with its sideways consolidative price action, well within this week's broader trading range.
In this Gold price analysis, the next level we will be watching is the $1291.35 resistance level if bulls want to prevent losing control.