Hello everyone, do you think gold price this week will end in the number?
In my opinion, gold continues to grow increasing according to the long -term chart, but for short -term traders we need to consider the following number:
In terms of news: After newspaper of agricultural pH, gold not too much support, the price still increased compared to the early morning transaction but still limited below the mentality of $ 2300.
In terms of technical analysis, gold purchases decreased significantly when the Bollinger Band strip was captured horizontally in the stability under the resistance area and the support level was indicated at $ 2275. That means that in the short term, this precious metal can be adjusted and reduced more if the support level is broken.
In my opinion, gold continues to grow increasing according to the long -term chart, but for short -term traders we need to consider the following number:
In terms of news: After newspaper of agricultural pH, gold not too much support, the price still increased compared to the early morning transaction but still limited below the mentality of $ 2300.
In terms of technical analysis, gold purchases decreased significantly when the Bollinger Band strip was captured horizontally in the stability under the resistance area and the support level was indicated at $ 2275. That means that in the short term, this precious metal can be adjusted and reduced more if the support level is broken.