Long
XAU/USD at a critical juncture, awaits US inflation for next big move. Gold extends the rebound to test the critical resistance level at 1789 - 1792.
=> The Golden cross is playing out for gold price but acceptance above $1792 is key - the confluence of the 100 and 200-Daily Moving Averages (DMA). Next target 1800 and 1810-1815.
=> On the flip side, immediate support is seen at the previous day’s low of $1772. And $1766 could then come to the rescue of gold bulls. The crucial support is seen at the horizontal trendline at $1,760 will be the line in the sand for gold optimists.
=> The Golden cross is playing out for gold price but acceptance above $1792 is key - the confluence of the 100 and 200-Daily Moving Averages (DMA). Next target 1800 and 1810-1815.
=> On the flip side, immediate support is seen at the previous day’s low of $1772. And $1766 could then come to the rescue of gold bulls. The crucial support is seen at the horizontal trendline at $1,760 will be the line in the sand for gold optimists.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.