gold 7/3/42
Updated
GOLD he 14-day Relative Strength Index (RSI) is hovering around the 50 level, indicating a neutral market sentiment. Gold is defending the 21-day Simple Moving Average (SMA) at USD $2,328, suggesting that the market is in a wait-and-see mode. For a bullish scenario to unfold, gold buyers are looking for a sustained break above the 50-day SMA barrier at USD $2,338. If achieved, the next resistance levels are at the psychological USD $2,350 mark and the two-week high of USD $2,3691.
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AT 2354
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