GOLD WILL GO BUY CONFIRM ANALYSIS FOR TODAY

Gold price extends downside marginally below $1,970.00 after several failed attempts of stabilization above the psychological resistance of $2,000. The precious metal is exposed to the 20-day Exponential Moving Average (EMA), which trades around $1,960.00. The broader trend is still bullish as the 200-day EMA is sloping higher. Momentum oscillators demonstrate that the bullish momentum has faded.

Gold Buy : 1966
Tp 1974
Tp 1982
Tp 1990
SL 1954