Gold d1 trade
Updated
Gold Price prods the lower end of the short-term trading range while fading the bearish bias after five-day losing streak. That said, the XAU/USD remains within a strong trading range between $1,935 and $1,915 despite falling in recent days.
That said, the middle band of the Bollinger on one-day joins Fibonacci 38.2% on one-month to highlight $1,915 as the key support.
On the contrary, Fibonacci 61.8% on one-month suggests the $1,935 is an important upside hurdle for the buyers.
Gold buy now 1919
Buy limit 1915
Target 1930
Target 1950
That said, the middle band of the Bollinger on one-day joins Fibonacci 38.2% on one-month to highlight $1,915 as the key support.
On the contrary, Fibonacci 61.8% on one-month suggests the $1,935 is an important upside hurdle for the buyers.
Gold buy now 1919
Buy limit 1915
Target 1930
Target 1950
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