Gold Spot / U.S. Dollar
Long
Updated

Target 1960 1980

345
snapshot

Gold's surge of $64 last Friday made all investors more confident about the late gold market. Conflict in the Middle East has led to gold becoming the most popular investment product, with more and more people believing that gold will rise further. According to market reaction and technical trend analysis, gold will further rise to the two resistance levels of 1960 and 1980.

Today, gold is expected to fluctuate at the support level of 1905 and the resistance level of 1930.

Gold is bullish overall.
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Note
Note callback 1920-1908
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