Gold price is challenging bearish commitments while flirting with the 21-day Simple Moving Average (SMA) at $1,975, having pulled back sharply from multi-day highs on Friday.
A failure to defend the latter on a daily closing basis could fuel a fresh downtrend toward the static support in the $1,955-$1,950 region.
Gold confirm sell 1960 target
A failure to defend the latter on a daily closing basis could fuel a fresh downtrend toward the static support in the $1,955-$1,950 region.
Gold confirm sell 1960 target
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.