World gold prices this morning continued to increase strongly with spot gold increasing by 22.9 USD, increasing to 1,946.9 USD/ounce. Gold futures last traded at $1,968.30 an ounce, up $32.60 from the bright spot.
Developments in the Middle East have triggered hidden buying momentum in the gold market, bringing this precious metal to its highest level since...
Technical Analysis Summary
XAU/USD
TREND ANALYSIS
We have 1 Down Trend in Red (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White...
