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Silver

Spot gold may retreat into $1,864-$1,877 range

Spot gold may retreat into $1,864-$1,877 range

  • The failures indicate an extension of the correction from the June 1 high of $1,916.40. Three waves make up the correction. The third wave labelled c is unfolding.
Published 09 Jun, 2021 12:22pm
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 4.333 ...
Published 02 Jun, 2021 04:29am
US MIDDAY: Gold slips
Markets

US MIDDAY: Gold slips

NEW YORK: Gold slipped below a near five-month price peak hit earlier in Tuesday’s session, as robust US...
Published 02 Jun, 2021 04:29am
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 12.750...
Published 01 Jun, 2021 04:59am
Spot gold may retest resistance at $1,911
Markets

Spot gold may retest resistance at $1,911

  • Support is at $1,886, a break below which could cause a fall into $1,864-$1,877 range. On the daily chart, gold seems to be rising towards the peak of a wave B at $1,959.01, as it has broken a falling trendline and a key resistance at $1,874.
Published 27 May, 2021 11:58am
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.640 ...
Published 26 May, 2021 03:45am
Spot gold may fall to $1,859
Markets

Spot gold may fall to $1,859

  • Signals will turn neutral if the metal breaks an immediate resistance at $1,884. Only a further gain above $1,893 could confirm the continuation of the uptrend towards $1,921.
Published 25 May, 2021 11:21am