XAUUSD Long "Rothchilds"
Asian gold was up this morning, with great signs of slow economic recovery, please dont be fooled,XAU is a massive safe haven at the moment and will continue for many years to come.
Further increase in the bulls’ momentum may push the price to break up $1,984 resistance level in which it may extend to the previous high at $2,020 and $2,074.
The current rise in the price of Gold could be a price retracement for the bears or reversal as the price is trading in between the 9 periods EMA and 21 periods EMA before the weekly market close. Further increase in the bulls’ momentum may push the price to break up $1,984 resistance level in which it may extend to the previous high at $2,020 and $2,074
daniel@forbus.co.za
Further increase in the bulls’ momentum may push the price to break up $1,984 resistance level in which it may extend to the previous high at $2,020 and $2,074.
The current rise in the price of Gold could be a price retracement for the bears or reversal as the price is trading in between the 9 periods EMA and 21 periods EMA before the weekly market close. Further increase in the bulls’ momentum may push the price to break up $1,984 resistance level in which it may extend to the previous high at $2,020 and $2,074
daniel@forbus.co.za
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