Wednesday 16th June 2021: Technical Outlook and Review
On the weekly timeframe, prices are facing bullish pressure and could still see further upside, with 1965 as the weekly resistance target. On the daily, price pulled back lower, and is testing 1850 support.
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Early May Bank Holiday Trading Schedule – 2021
Dear Trader, Please find our updated Trading schedule for the Early May Bank Holiday Day on Monday, 3rd May 2021. Times mentioned below are Platform time (GMT +3).
Wednesday 28th 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.
Tuesday 27th 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.
Monday 26th 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.
Friday 23rd 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.
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.
