Despite the previous corrective decline, Gold price defended the 21-day Simple Moving Average (SMA) at $2,883.
Gold buyers could retest the all-time highs at $2,956 if the rebound gathers steam. The next topside barriers are seen at the $2,970 resistance and the $3,000 threshold.
On the flip side, the immediate support is seen at the $2,900 round level, below which the 21-day SMA at $2,883 will be challenged again.
Gold now sell 2917
Support 2900
Support 2890
Support 2860
Resistance 2940
Resistance 2960
Gold buyers could retest the all-time highs at $2,956 if the rebound gathers steam. The next topside barriers are seen at the $2,970 resistance and the $3,000 threshold.
On the flip side, the immediate support is seen at the $2,900 round level, below which the 21-day SMA at $2,883 will be challenged again.
Gold now sell 2917
Support 2900
Support 2890
Support 2860
Resistance 2940
Resistance 2960
Gold signal
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
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.
Gold signal
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
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.