Gold- Intraday update
In this morning's commentary, I said that "gold needs clarification", and, after a short-lived spike under 1830 short term support, it seems we have it.
Gold bulls entered the market quickly at these "discounted" prices and elevated the price back above this support.
At the time of writing the price is 1839, and if we have a close to the upper part of the range or above we can consider this short term correction over and look up for more gains towards 1875
Gold bulls entered the market quickly at these "discounted" prices and elevated the price back above this support.
At the time of writing the price is 1839, and if we have a close to the upper part of the range or above we can consider this short term correction over and look up for more gains towards 1875
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