Gold rises to $1788 in a bid to the two-day rebound during early Tuesday. The mentioned barrier around the 1792-95 coincides with EMA21 and EMA100 on D1, should act as a pivotal point for traders.
=> A convincing breakthrough has the potential to push spot prices beyond the $1800 mark, towards testing the strong resistance near the $1810-15 supply zone. The momentum could further get extended towards the $1840.
=> On the flip side, the $1775-74 area, followed by the $1770 level should protect the immediate downside. This is followed by the monthly swing low, around the $1762 region, which if broken will be set the stage for a fall towards the $1750-48 support zone.
=> A convincing breakthrough has the potential to push spot prices beyond the $1800 mark, towards testing the strong resistance near the $1810-15 supply zone. The momentum could further get extended towards the $1840.
=> On the flip side, the $1775-74 area, followed by the $1770 level should protect the immediate downside. This is followed by the monthly swing low, around the $1762 region, which if broken will be set the stage for a fall towards the $1750-48 support zone.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.