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 >
This Is What Whales Are Betting On Accenture
This Is What Whales Are Betting On Accenture
Jul 5, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on Accenture ( ACN ). Looking at options history for Accenture ( ACN ) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish. From...
Former ASML CEO says US-China chip fight will continue
Former ASML CEO says US-China chip fight will continue
Jul 6, 2024
AMSTERDAM (Reuters) - The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become...
Apple Epic Games says Apple stalling launch of its game store in Europe
Apple Epic Games says Apple stalling launch of its game store in Europe
Jul 5, 2024
(Reuters) -Apple said on Friday it has approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the Fortnite maker escalated its feud with the technology giant, accusing it of hindering its efforts to set up a games store on the devices. Apple said the latest spat concerned the Epic Sweden AB Marketplace and has nothing to...
Smart Money Is Betting Big In KLAC Options
Smart Money Is Betting Big In KLAC Options
Jul 5, 2024
Deep-pocketed investors have adopted a bullish approach towards KLA , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in KLAC usually suggests something big is about to happen. We gleaned this information from our observations today...
Copyright 2023-2026 - www.financetom.com All Rights Reserved