Gold Trend 18/11 – S-T rebound begins

The market last week unfolded in line with our predictions, as the consolidation period continued. The price broke below the 2650(1) resistance level early in the week, initiating a downward movement toward our target at…

Gold Trend 11/11 – M-T consolidation period official begins

Gold prices fell back from their highs last week, in line with our expectations. The U.S. election suppressed the market in the early period, and gold prices were under pressure in the 2750-58(1) resistance zone.…

Gold Trend 04/11 – S-T peaked

Driven mainly by the US election and economic figures last week, the gold price pulled back from the newly formed record high. With the US election approaching, the gold market opened strong early last week.…

Gold Trend 28/10

The gold price hit our S-T target of 2750 last week, reaching a new high of 2758. However, the upward momentum failed to last, and the price couldn't hold above 2750, dropping back to the…

Gold Trend 21/10

Gold prices exceeded our expectations last week. They broke above the previous high of 2685 without any influence from major economic data or news, closing the week at a new high of 2722 before the…