Hello dear friends! As mentioned in the previous article, gold has broken the resistance level of $2010 after successfully closing a candle above that level, quickly approaching the psychological level of $2050.
The next target could be $2068 before the next correction takes place as the price is moving away from the EMA 34 and 89 and needs to retest. However, the long-term bullish momentum is still intact.
The next target could be $2068 before the next correction takes place as the price is moving away from the EMA 34 and 89 and needs to retest. However, the long-term bullish momentum is still intact.
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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.