financetom
Technology
financetom
/
Technology
/
Update: Gold price tests the support
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Gold price tests the support
Jun 7, 2024 3:57 AM

Gold price faces negative pressure now to attack the key support line at 2340.10$, which urges caution from the upcoming trading, as continuing the decline and breaking this level will put the price under the correctional bearish pressure again, to pave the way to achieve negative targets that reach 2272.06$.

On the other hand, it is important to be cautious in the upcoming trading, due to the waited NFP and unemployment data from the US economy.

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 >
Jim Cramer Calls Nutanix 'The Perfect Enterprise Software Company For The Moment'
Jim Cramer Calls Nutanix 'The Perfect Enterprise Software Company For The Moment'
May 7, 2024
On CNBC's “Mad Money Lightning Round,” Jim Cramer described Quanta Services ( PWR ) as “so good” and a “terrific” company. On May 2, Quanta Services ( PWR ) posted better-than-expected quarterly results. “I think that the cycle could be turning against them,” Cramer said about CVR Energy, Inc ( CVI ). . “Let's be very careful, CVR.” On April...
Decoding ServiceNow's Options Activity: What's the Big Picture?
Decoding ServiceNow's Options Activity: What's the Big Picture?
May 7, 2024
Financial giants have made a conspicuous bullish move on ServiceNow ( NOW ). Our analysis of options history for ServiceNow ( NOW ) revealed 22 unusual trades. Delving into the details, we found 50% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $273,338, and 16...
The Analyst Landscape: 9 Takes On Teradata
The Analyst Landscape: 9 Takes On Teradata
May 7, 2024
9 analysts have expressed a variety of opinions on Teradata ( TDC ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
The Latest Analyst Ratings For SMART Glb Hldgs
The Latest Analyst Ratings For SMART Glb Hldgs
May 7, 2024
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on SMART Glb Hldgs in the last three months. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Copyright 2023-2026 - www.financetom.com All Rights Reserved