daytradetraining

DAILY EXPECTATION FROM GOLD

Short
PYTH:XAUUSD   Gold Spot

Hello traders , What are you thinking for GOLD today ?

I think the GOLD metal is still in upward movement . Have a look in 1 hour time frame the 50 EMA is above 200 EMA , declaring the profitable area for the price .
RSI high value above 200 EMA , I wouldn’t recommend to anyone to open any sell position . It’s a bit risky .
GOLD is shown to be still strong the uptrend is well kept for the time being .

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