Tag Archives: bullish

Gold above 1180/oz Gold XAUUSD is trading again in positive territory today for ninth session in the last eleven. US Dollar retracement was seen benefiting dollar-denominated commodities. The price is trading above the 50h MA and above the 100h MA supporting the bullish scenario. MACD and momentum indicators are bullish. First resistance is near the 1192 ...

Gold Technical Analysis review Gold is trading higher today at $1176.56/oz hitting the daily high at 1182 and the low at 1173.67. Gold managed to confirm the 1172.68 level after closing the daily candlestick above it, which reinforce the chances of continuing the bullish bias on short term basis, and ...