financetom
Technology
financetom
/
Technology
/
Gold price forecast update 28-10-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Gold price forecast update 28-10-2024
Oct 28, 2024 7:31 AM

Gold price trades negatively now, affected by stochastic current negativity, which supports the chances of resuming the expected correctional bearish trend for today, which its targets begin by breaking 2722.00$ to open the way to head towards 2700.00$.

Therefore, we will continue to suggest the bearish trend for today unless breaching 2747.00$ and holding above it.

The expected trading range for today is between 2710.00$ support and 2747.00$ resistance.

Trend forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cuban students seek concessions as frustration grows over internet rate hikes
Cuban students seek concessions as frustration grows over internet rate hikes
Jun 4, 2025
HAVANA (Reuters) - Cuban students clamored on Wednesday for further concessions to roll back a rate hike on internet data, saying a decision on Monday to offer them discounted access did not go far enough. Students of at least one department at the University of Havana, the country's largest, called on their peers to skip classes in protest of the...
Crude oil is attempting to gather positive momentum-Analysis-04-06-2025
Crude oil is attempting to gather positive momentum-Analysis-04-06-2025
Jun 4, 2025
The (crude oil) settled on a slight decline in its last intraday trading, affected by the pressure of a strong resistance at $63.50, besides the emergence of the negative signals on the (RSI), which reverse the attempts of offloading the overbought conditions. The price gets technical support from its lean on the EMA50, accompanied by the continuation of the bullish...
Chinese hackers broke into US telecom earlier than previously known, Bloomberg reports
Chinese hackers broke into US telecom earlier than previously known, Bloomberg reports
Jun 4, 2025
(Reuters) -Corporate investigators found evidence that Chinese hackers broke into a U.S. telecommunications company in the summer of 2023, indicating the hackers penetrated the U.S. communications system earlier than previously known, Bloomberg News reported on Wednesday. Investigators working for the telecommunications firm discovered last year that malware used by Chinese state-backed hacking groups was on the company's systems for seven...
Gold is surrounded by positive pressures -Analysis-04-06-2025
Gold is surrounded by positive pressures -Analysis-04-06-2025
Jun 4, 2025
The (Gold) price rose in its last intraday trading, holding above the critical resistance level at$3,365, to confirm its positive breach for this barrier, amid its trading within a minor bullish channels range on a short-term basis. This performance is supported by the continuation of its trading above EMA50, which represents a key dynamic support besides the emergence of the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved