Tag: Precious metals
Gold Price Outlook: Decline to Lowest Levels Since September | Forexlive
The gold market has been experiencing a decline recently, reaching its lowest levels since September. This drop in price comes after the initial uncertainty surrounding the US election was quickly resolved, causing gold to...
Gold Price Forecast: Analyzing Potential Corrections and Opportunities
Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from late October to the recent low. However, the situation does...
Barrick Gold Stock Price Levels to Watch After Strong Earnings – Analysis & Forecast
Barrick Gold Stock Soars After Strong Earnings ReportBarrick Gold (GOLD) saw a significant increase in its stock price by over 9% on Monday following the release of its second-quarter results. The Canada-based gold mining...
Silver Price Analysis: Signs of Bottoming Out Detected – Actionable Insights
Silver prices have been showing signs of bottoming out after a slow period of decline over the last three months. Analysts have detected a three-wave A-B-C pattern on the 4-hour time frame, suggesting a...
Silver Price Forecast: Short-Lived Pullback for SLV (NYSEARCA:SLV)
In my previous article, I discussed the breakout of the iShares Silver Trust ETF (SLV) and anticipated higher prices based on technical analysis. Since then, SLV prices surged to nearly $30 but then pulled...
Gold Price Rebounds from 50-Day SMA – Latest Analysis and Forecast
Gold prices have been on a rollercoaster ride recently, hitting an all-time high of 2,483 on July 17 before pulling back. The 50-day SMA has been a key level of support, preventing further declines...