On D1, we see the gold price recovering on the back of the falling
From the technical analysis point of view, we see the forging of the local double bottom against 1957 and the appearance of the MA50 x MA200 golden cross, which opens additional leverage for the market, contributing to a possible strengthening of the price. If gold consolidates above the support of the current range - 1965 (1960), we will see the continuation of growth in the medium term.
Support levels: 1965, 1960, 1957
Resistance levels: 1969.9, 1974
Gold is still quite strong on the back of increased interest and favorable fundamental background. Consolidation above the above support area will give a good bullish potential and entry point for long positions.
Regards R. Linda!
עסקה סגורה: היעד הושג:
Have you seen GOLD?
It's beautiful)
The news came out worse than analysts expected. And that's good for us (+220 pips ;) )
PS: Initial Jobless Claims 231K instead of 220K expected
Gold may test 2000 soon.
Have you seen GOLD?
It's beautiful)
The news came out worse than analysts expected. And that's good for us (+220 pips ;) )
PS: Initial Jobless Claims 231K instead of 220K expected
Gold may test 2000 soon.
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com