Gold continues to rise to find new peaks
Updated
Hi everybody! Gold prices are attracting some buying interest today for the third straight day on Monday and gradually rebounding to the $1938 resistance zone. XAU/USD could look to build on the recent decent recovery from the $1900 figure.
Technically broke the downtrend and aimed higher at 1938, 1945 and eventually 1950 USD.
Technically broke the downtrend and aimed higher at 1938, 1945 and eventually 1950 USD.
Note
Gold is moving in the right directionNote
Currently, gold prices increased slightly with spot gold increasing by 8.1 USD/ounce to 1,933.4 USD/ounce.
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