as mentioned in Editor's Note: View Kitco News' complete 2018 outlook coverage(Kitco News) - Kitco aficionados, it Information Systems this day time to have your tell in where you think gold prices are heading with the finish of 2018. Will gold find fresh momentum following year to drive prices higher or going to prices remember trapped in their current range? Readers could too send any comments to newsfeedback@kitco.com & they could be featured in the story. You could this day share your thoughts on where gold & silver are headed with Kitco's fresh commenting feature -- Kitco Chat. Be a fraction of our 2018 outook today!
collected by :kiven Dixter
Gold Prices At 3-Mo. High On Slumping Greenback, Geopolitics
(Kitco News) - Gold prices are up & chock a more-than-three-month high in early unite states trading Tuesday. Bulls' following upside technical objective Information Systems pushing & closing prices above map resistance at $1,340.00. Bears' following near-term downside value breakout objective Information Systems closing prices below solid technical backing at $1,280.00. The following upside value breakout objective Information Systems closing futures prices above solid technical resistance at $17.50 an ounce. The following downside value breakout objective for the bears Information Systems closing prices below solid backing at the October low of $16.435.Gold Prices chock further Than Three-Month High
As it stated in © Thomson Reuters 2018Gold began 2018 on a company note on Tuesday after prices chock their top in further than 3 months, supported with technical factors after breaking above $1,300 an ounce final week.Spot gold rose 0.2 % to $1,305.93 an ounce at 0251 GMT, having chock its top ever Sept. 26 at $1,307.63 earlier in the session.U.S. gold futures fell 0.1 % to $1,308 an ounce.Gold has strengthened technically after closing above 200-day & 100-day moving Rates over the past 2 weeks, too breaching key psychological resistance at $1,300 on Friday.Key backing for spot gold on Monday was determine at $1,297 an ounce & resistance at $1,311 an ounce, according Reuters technical analyst Wang Tao.Spot gold rose 13 % final year to check its better annual performance ever 2010. An RSI above seventy indicates a commodity Information Systems overbought. Palladium was up 0.4 % at $1,065. Palladium chock its top ever Feb. 2001 at $1,072 final week.collected by :kiven Dixter
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