Gold Mixed Feelings (Long or Short)
Gold prices have been fluctuating within a range, showing a neutral trend. The price opened with a positive gap, rising from $2633 to $2676, and then corrected slightly to $2666.
The 50-day Simple Moving Average (SMA) is providing support at $2671, while the 14-day Relative Strength Index (RSI) is holding well above the 50 level, indicating a potential for further recovery.
For Market sentiment Gold buyers are still active, with the price attempting to resume its recovery above the monthly highs of $2726.
Key Levels: Resistance is seen at $2726 and $2750, while support levels are at $2671 and $2650.
Overall, the market is showing mixed signals, with both bullish and bearish factors at play. Keeping an eye on these key levels and indicators can help you make informed trading decisions.
The 50-day Simple Moving Average (SMA) is providing support at $2671, while the 14-day Relative Strength Index (RSI) is holding well above the 50 level, indicating a potential for further recovery.
For Market sentiment Gold buyers are still active, with the price attempting to resume its recovery above the monthly highs of $2726.
Key Levels: Resistance is seen at $2726 and $2750, while support levels are at $2671 and $2650.
Overall, the market is showing mixed signals, with both bullish and bearish factors at play. Keeping an eye on these key levels and indicators can help you make informed trading decisions.
כתב ויתור
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.
כתב ויתור
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.