GOLD Gold prices attracted some buyers in the vicinity of the 100-day Simple Moving Average (SMA) and produced a modest recovery from the 1935-1934$ area or two-month lows touched the previous day. . GOLD bounced back above 1,950-1953$ during the early European session and now, seems to have cut a two-day losing streak.
From a technical perspective, any further upside move is likely to face stiff resistance near the strong horizontal support at 1960-1965$. A sustained strength beyond that could trigger a short-term offsetting rally and lift Gold to the psychological $2,000 mark. However, a further move could still be seen as a selling opportunity and remain capped near the 2,005-2,010$ supply zone.
הערה
SEll GOLD + 90pips✅✅
הערה
Everything is still going according to the strategy Congrats to those who follow ✅✅
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.