Gold price trades back and forth above the round-level support of $1,900.00 as
investors remain sidelined ahead of the inflation data. The precious metal auctions inside the previous day’s range, demonstrate a sheer contraction in volatility. The yellow metal continues to find support from the 200-day Exponential Moving Average (EMA), which trades around $1,910.00, while the 20-day EMA around $1,921.00 continues to act as a barricade for Gold price.
GOLD BUY : 1912
TP. : 1920
TP. : 1925
TP. : 1930
SL. : 1900
investors remain sidelined ahead of the inflation data. The precious metal auctions inside the previous day’s range, demonstrate a sheer contraction in volatility. The yellow metal continues to find support from the 200-day Exponential Moving Average (EMA), which trades around $1,910.00, while the 20-day EMA around $1,921.00 continues to act as a barricade for Gold price.
GOLD BUY : 1912
TP. : 1920
TP. : 1925
TP. : 1930
SL. : 1900
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