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 >
Monolithic Power forecasts Q4 revenue above estimates, but shares slump
Monolithic Power forecasts Q4 revenue above estimates, but shares slump
Oct 31, 2024
Oct 30 (Reuters) - Monolithic Power Systems ( MPWR ) forecast fourth-quarter revenue above Wall Street estimates on Wednesday, but guided for a sequential drop in sales as weak end-market demand for EVs potentially hampers sales of its power control products and semiconductors used in vehicles, offsetting AI-linked benefits. Shares of the Kirkland, Washington-based company fell about 9% in trading...
Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know
Critical Insights From Altair Engineering Analyst Ratings: What You Need To Know
Oct 31, 2024
Analysts' ratings for Altair Engineering ( ALTR ) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0...
Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
Oct 31, 2024
Oct 30 (Reuters) - Cognizant Technology Solutions ( CTSH ) beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The results signal a recovery in the business environment, with clients increasingly relying on the IT and consulting services offered by Cognizant to digitize their business operations....
Decoding 8 Analyst Evaluations For Riot Platforms
Decoding 8 Analyst Evaluations For Riot Platforms
Oct 31, 2024
In the preceding three months, 8 analysts have released ratings for Riot Platforms ( RIOT ) , presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...
Copyright 2023-2026 - www.financetom.com All Rights Reserved