Gold price falls nominally from five-month high of $2,009 as investors remain concerned about the interest rate guidance from the Fed, which will be delivered on Wednesday. The precious metal stabilizes above the crucial resistance of around $1,990, which is now acting as a major support for the Gold bulls. The broader Gold demand outlook turns bullish as the 20-day Exponential Moving Average (EMA) has delivered a bullish crossover above the 50 and 200-day
EMAs.
XAUUSD BUY : 1996
TP. : 2005
TP. : 2013
TP. : 2020
SL. : 1983
EMAs.
XAUUSD BUY : 1996
TP. : 2005
TP. : 2013
TP. : 2020
SL. : 1983
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