Gold Silver Reports — Since gold’s all-time high of $1,923 per ounce in September 2011, the nearly 6-year decline that this week has brought prices back to $1,270 has been broadly defined by a falling linear trend of selling pressure.
Analysis
At Gold Silver Reports, our market analysis provides expert insights on gold, silver, crude oil, base metals, and MCX commodities. Stay updated with trend forecasts, price movements, and actionable strategies to make smarter trading decisions.
- Get Detailed Technical Analysis Reports, xauusd technical analysis, Stock Trends, candlestick technical analysis, Commodity Market, Chart Patterns and Technical Analysis of Commodities, Technical & Fundamental Reports, Gold ETF, Market Forecast and Market Outlook for major Indices and Stocks of Indian Stock Market.
- MCX Analysis today, MCX Commodity daily Support & Resistance levels, MCX Levels, Commodity Price Trends, Best Technical Analysis Report.
COMEX Gold Steady After Hitting Three Week Top
Gold Silver Reports — COMEX Gold edged up to a three-week high amid broad weakness in US dollar. Dollar eased on Thursday after European Central Bank President Mario Draghi said ECB policymakers would discuss potential changes to the banks bond-buying scheme in the autumn, lifting the euro to a 14-month high against the dollar.
Gold Trading Zone Between 28280—28710
Gold Silver Reports — Technically Gold market is getting support at 28280 and below same could see a test of 28058 levels, and resistance is now likely to be seen at 28688, a move above could see prices testing 28810.
Copper-Nickel-Aluminium-Zinc Under Short Covering
Gold Silver Reports — Copper MCX is getting support Key 380 and below same could see a test of 377 level, And resistance Key is now likely to be seen at 386, a move above could see prices testing 389.
Nickel MCX Under Fresh Selling Support Key 548
Gold Silver Reports — Nickel MCX Under Fresh Selling Support Key 548 — Technically Nickel market is under fresh selling as market has witnessed gain in open interest by 7.31% to settled at 47195 while prices down 12.6 rupees.