For six trading sessions in a row, gold prices are moving within a narrow range between the $1536 support and $1563 resistance
Technical Analysis
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Technical Analysis
Technical Analysis
The gold markets rallied a bit during the trading session on Wednesday, breaking above the top of the hammer from the Tuesday session.
Technical Analysis
A corrective performance of the yellow metal recently pushed prices to the $1536 level of, and before the important event today, prices rebounded to the $1554 level an ounce at the time of writing the analysis.
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Gold markets have initially pulled back during the trading session on Tuesday but have found buyers underneath the turn around and form a bit of a hammer.
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Gold markets fell a bit during the trading session on Monday.
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Gold markets initially pulled back during the trading session on Friday, but then turned around to show the $1550 level to be supportive
Technical Analysis
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Gold markets initially fell during the trading session on Thursday, breaking below the $1550 level before turning around to rally.
Technical Analysis
Gold markets initially shot straight through the roof based upon the Iranians sending a dozen or so missiles at US bases in Iraq.
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Technical expectations for the future of gold prices have increased recently to move towards new record and historical levels.
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Gold markets initially gapped higher to kick off the trading session on Tuesday, but then broke down to get close to filling the gap from the Monday session before rallying yet again.
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The price of gold has risen by more than $40 since the killing of Qassem Soleimani.
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Gold markets initially gapped higher to kick off the trading session on Monday in reaction to the entire mass that is now the Middle East.
Technical Analysis
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Gold markets rallied rather significantly during the trading session on Friday, cranking above the $1550 level before stalling out at the end of the day.
Technical Analysis
Safe-haven assets are being led higher by gold after the US stirred up tensions in the Middle East to start the new decade.
Technical Analysis
Gold markets rallied a bit during the trading session on Thursday as more traders are coming back to work.
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