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Technical Analysis

Technical Analysis
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.

By IC Markets

Technical Analysis
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.

By IC Markets

Technical Analysis
Thursday 8th April 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently approaching 1765 resistance. With price still holding below the long term moving average and a drop towards 1670 support seems more likely.

By IC Markets

Technical Analysis
Wednesday 7th April 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently approaching 1765 resistance. With price still holding below the long term moving average and a drop towards 1670 support seems more likely.

By IC Markets

Technical Analysis
Tuesday 6th April 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently approaching 1765 resistance. With price still holding below the long term moving average and a drop towards 1670 support seems more likely.

By IC Markets

Technical Analysis
Monday 5th April 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently approaching 1765 resistance. With price still holding below the long term moving average and a drop towards 1670 support seems more likely.

By IC Markets

Technical Analysis
Thursday 1st April 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently holding between 1765 resistance and 1670 support. Long term traders should continue to watch these two levels as a break of either will see price swing in that direction.

By IC Markets

Technical Analysis
Wednesday 31st March 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently holding between 1765 resistance and 1670 support. Long term traders should continue to watch these two levels as a break of either will see price swing in that direction.

By IC Markets

Technical Analysis
Tuesday 30th March 2021: Technical Outlook and Review

On the weekly timeframe, gold is currently holding between 1760 resistance and 1680 support. Long term traders should continue to watch these two levels as a break of either will see price swing in that direction.

By IC Markets