Gold Spot / U.S. Dollar
Short
Updated

XAUUSD NEXT CONFIRM MOVE FOR TODAY

735
Gold price recovers after a corrective move to near $1,970.00 and is expected to recapture the five-month high near $2,000.00. The precious metal recorded significant gains for two weeks. A bull cross, represented by the 20 and 50-day Exponential Moving Averages (EMAs), warrants more upside ahead. Momentum oscillators shift into the bullish range, indicating that the upside momentum has been activated.

GOLD BUY : 1980
TP. : 1990
TP. : 2005
TP. : 2020
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