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Gold Daily Outlook - September 19, 2022 Gold Technical Outlook Gold price provided positive trades in previous sessions to test the first key resistance at $1,680 and began to fall by today's open to resumption of the primary bearish trend, structured within the bearish channel that shows up...

Gold Daily Outlook - September 12, 2022 Gold price failed to breach the $1,726.60 level, continuing to trade badly and completing the formation of a bearish flag pattern on the chart, putting the price under greater negative pressure in the coming sessions, on its path to negative targets that...

Gold Daily Outlook - Aug 30, 2022 Gold failed to hold gains and went below 1750, exposing the door for further losses to the 1730 support level, should it remains below 1760. A clean breach below the five-week-old ascending trend line drives XAU/USD bears to the horizontal range, including...

Gold Daily Outlook - Aug 11, 2022 The gold price moves negatively, breaking the bullish channel's support line and heading towards a probable test of the first significant level at 1779.25, backed by unambiguous positive indications from stochastic, while the EMA 50 meets the aforesaid support...

Gold Daily Outlook - July 25, 2022 Gold price is showing new positive trades as it approaches the 1726.60 level, with a break of this level extending the correcting bullish wave to 1755.70 as the next objective. This implies a bullish trend for today until it breaks and holds below 1704.60...

Gold Daily Outlook - July 19, 2022 Gold price found solid support at the 1700.00 barriers, indicating a slightly bullish bias, aided by stochastic positivity. At the same time, the EMA50 continues to press negatively on the price, keeping the bearish trend scenario effective for the coming...

Gold Daily Outlook - July 13, 2022 In previous sessions, the gold price fluctuated within the sideways track, with the stochastic losing its positive momentum gradually, while the EMA50 continued to press negatively on the price. As a result, these factors encourage us to continue suggesting a...

Gold Daily Outlook - July 05, 2022 Gold price traded with solid negativity in the previous sessions to reach a few pips away from our hoped-for target of 1780.25, influenced by stochastic positivity to show some bullish bias, even though the indicator lost its positive momentum, while the EMA...

Thank you everyone for sharing your analysis.

Thanks for sharing your analysis. In my opinion, the British pound has remained relatively unresponsive to news about Brexit. Meanwhile, investors are paying close attention as Andrew Bailey, the governor of the Bank of England, is expected to speak on Wednesday. However, the hawkish statement...

Gold Daily Outlook - June 28, 2022 The gold price continues to decline measuredly, gradually approaching our first support level at 1810.00 to maintain the bearish trend scenario while awaiting further decline to reach 1780.25 as the next support zone. In general, we will continue to recommend...

Gold Daily Outlook - June 21, 2022 The gold price provided clear positive trade and remained supported above the 1836 level. However, it starts today with an apparent uptrend to settle above the mentioned level, which encourages us to suggest a bullish bias today. The leading indicators, such...

Gold Daily Outlook - June 13, 2022 On a four-hour scale, the gold price is about to break out of its sustained consolidation formed in a scope of $1,825.10-1,876.01. The bullish momentum has been strengthened by a stronger responsive buying action noted last week from $1,825.10. The precious...

Gold Daily Outlook - June 06, 2022 Gold made a strong bullish move to $1870; however, the uptrend was short-lived as the precious metal plunged to trade at the $1,853 level. Closing of candles above the support level of $1,849 reinforces expectations of a continuation of the bullish trend...

Gold Daily Outlook - May 30, 2022 The gold price faced negative pressure in the previous sessions, testing the key support of 1850.00. However, the price is now consolidating beyond this support, as the EMA50 protects the recently suggested positive scenario, and stochastic begins to provide...

Gold Daily Outlook - May 23, 2022 A clear upside break of the monthly falling channel, combined with a firmer RSI (14), keeps gold buyers optimistic within a one-week-old rising channel formation. However, the 100-SMA level near $1,852, followed by the upper line of the stated weekly channel...

Gold Daily Outlook - May 10, 2022 Gold price tests 1890.00 level, and as long as the price is below this level, our bearish overview will remain valid on the intraday basis, supported by stochastic loss to the positive momentum, waiting to get negative motive that assists to push the price to...

Gold Daily Outlook - May 02, 2022 Gold price bounced bearishly after approaching the awaited positive target of 1925.35, to resume the main bearish track, waiting for a break of 1890.00 to confirm the extension of the bearish wave towards 1850.00 as the next negative target. As a result, we...

Gold Daily Outlook - April 26, 2022 Gold price provided clear negative trades in the previous sessions to reach the thresholds of the waited target at 1925.35, and we expect the negative trades to continue in the near term to break this level and rally towards 1890.00 areas. As a result, we...

Gold Daily Outlook - April 21, 2022 The gold price ended yesterday below the 1960.00 level, and is expected to fall further in the coming sessions, primarily to 1925.35. As a result, a bearish bias will be suggested for today, supported by a move below the EMA50, with the understanding that...