gold analysis
XAUUSD / Gold
Gold currently still adheres to the latest technical script
Gold's uptrend continues as the precious metal rose 0.4% to $2,038 today.
After yesterday's slight dip, gold is back at it as it looks to extend its nine-day rally to seven days in today's trading.
The uptrend in the last two weeks has been fairly technical. which continues its trend due to the return to the 100-day moving average (white curve):
According to the chart above, gold appears to be at least ready to test the resistance of the upcoming trend line (white line).
Stay with us in the rest of the video with gold analysis
XAUUSD / Gold
Gold currently still adheres to the latest technical script
Gold's uptrend continues as the precious metal rose 0.4% to $2,038 today.
After yesterday's slight dip, gold is back at it as it looks to extend its nine-day rally to seven days in today's trading.
The uptrend in the last two weeks has been fairly technical. which continues its trend due to the return to the 100-day moving average (white curve):
According to the chart above, gold appears to be at least ready to test the resistance of the upcoming trend line (white line).
Stay with us in the rest of the video with gold analysis