FxJack17

GOLD WILL GO BUY CONFIRM ANALYSIS FOR TODAY

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.