(VIANEWS) – The $1830 mark is being threatened by this market, an area where there has been considerable resistance in the past. It is now down to whether we are able to continue going higher. We look like we’re going to try, considering the length of the candlestick and the fact that we’re closing in on the top.
DailyForex stated that if the market breaks out to the upside it is most likely that the market will look towards the $1860 mark. This gap would be filled by technical analysis. If we break above this level, it’s likely we will move towards $1910. This is an area that has seen significant resistance in the past. If we are able to break through it, then the market may look towards the all time high.
Gold (GC) is currently on bearish momentum. At 23:04 EST on Saturday, 31 July, Gold (GC) is at $1,812.50 and 1.02% down since the last session’s close.
Today’s last reported volume for Gold is 152236, 100% below its average volume of 33536569203.76.
Regarding Gold’s daily highs and lows, it’s 0.199% up from its trailing 24 hours low of $1,808.90 and 0.983% down from its trailing 24 hours high of $1,830.50.
Gold’s last week, last month’s, and last quarter’s current volatility was a negative 0.10%, a positive 0.10%, and a positive 0.49%, respectively.
Gold’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.13% (last week), 0.32% (last month), and 0.49% (last quarter), respectively.
Last news about Gold (GC)
Barrick gold (gold) stock moves -0.18%: what you should know. According to Zacks Investment Research on Friday, 30 July, “Barrick Gold (GOLD Quick QuoteGOLD – Free Report) closed the most recent trading day at $21.77, moving -0.18% from the previous trading session. “, “Mining – Gold stocks are, on average, holding a PEG ratio of 1.96 based on yesterday’s closing prices.”
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