Wefox, an insurance technology company founded by former emp.. Read more
Arabian Centers Company has approved the distribution of cas.. Read more
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Special Report - (Namazone): A group of companies listed.. Read more
Special Report (Nmazzon): The government announced that.. Read more
Gold has long been a source of controversy and contention am.. Read more
The economics department of Qatar National Bank (QNB) said t.. Read more
The global macroeconomic environment is experiencing some of.. Read more
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
OPEC expected global demand for oil to increase next year, b.. Read more
Current price: 4184
Key point: 4165
Our preferred strategy: Buy positions above 4165 with a first target of 4200 and then a second target of 4235.
Alternative scenario: Stop loss and trend reversal upon breaking the 4160 level, targeting the 4140 level.
Technical commentary
Gold is holding above the key support level of 4165 and above the upward trend line from the current month's low, suggesting a continued rise to 4200. A break above this level would target 4235.
Analysis Service |
Its a free service for technical consultation provided by NamaaZone to the website visitors. |
Open account Request |
NamaaZone provides a range of integrated trading solutions in local and global financial markets |
