Gold is back at the 200dma which has now flattened out . A loss of this level could see price back at $18.80.
Alternatively, bulls need to hold the level and break $1943 for further upside.
September seasonally a good month for Gold whilst October being one of the worst.
Alternatively, bulls need to hold the level and break $1943 for further upside.
September seasonally a good month for Gold whilst October being one of the worst.
Note
Gold now reached next downside level at $1864 after failing to break $1943
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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.