Today Gold good move today Gold confirm is buy confirm chart
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From a technical point of view, XAU/USD is poised to extend its slump. The daily chart shows it met sellers around a bearish 20 Simple Moving Average (SMA), providing dynamic resistance at around the daily high of $2,036.80. At the same time, technical indicators resumed their declines within negative levels, gaining downward strength. Finally, the 100 and 200 SMAs remain below the current level, losing directional strength.
The 4-hour chart shows a long bearish candle following a test of converging 100 and 200 SMAs, also around the intraday high, and XAU/USD accelerating the slide below a mildly bearish 20 SMA. Furthermore, technical indicators accelerated north, heading south almost vertically within negative levels, in line with another leg south.
Gold buy Now 2018
Confirm Target 2035
The 4-hour chart shows a long bearish candle following a test of converging 100 and 200 SMAs, also around the intraday high, and XAU/USD accelerating the slide below a mildly bearish 20 SMA. Furthermore, technical indicators accelerated north, heading south almost vertically within negative levels, in line with another leg south.
Gold buy Now 2018
Confirm Target 2035
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