Thursday 22nd April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing and holding below descending trendline resistance and long term moving average resistance at 1785. A weekly close below this resistance could see price pull back lower towards 1687 support.
Wednesday 21st April 2021: Technical Outlook and Review
On the weekly timeframe, gold is still testing and holding below descending trendline resistance and long term moving average resistance at 1785. A weekly close below this resistance could see price pull back lower towards 1687 support.
Tuesday 20th April 2021: Technical Outlook and Review
On the weekly timeframe, gold is still testing and holding below descending trendline resistance and long term moving average resistance at 1785. A weekly close below this resistance could see price pull back lower towards 1687 support.
Monday 19 April 2021: Technical Outlook and Review
On the weekly timeframe, gold pushed higher testing descending trendline resistance and long term moving average resistance at 1785. A weekly close below this resistance could see price pull back lower towards 1687 support.
Friday 16th April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing 1765 resistance. With price still holding below the long term moving average, a weekly close below this resistance will see a medium probability drop towards 1670 support.
Thursday 15 April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing 1765 resistance. With price still holding below the long term moving average, a weekly close below this resistance will see a medium probability drop towards 1670 support.
Tuesday 13th April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing 1765 resistance. With price still holding below the long term moving average, a weekly close below this resistance will see a medium probability drop towards 1670 support.
Monday 12 April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing 1765 resistance. With price still holding below the long term moving average, a weekly close below this resistance will see a medium probability drop towards 1670 support.
Friday 9th April 2021: Technical Outlook and Review
On the weekly timeframe, gold is testing 1765 resistance. With price still holding below the long term moving average, a weekly close below this resistance will see a medium probability drop towards 1670 support.
