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 now 1977
Target 1981
Target 1985
Target 2001
SL 1964
Gold buy now 1977
Target 1981
Target 1985
Target 2001
SL 1964
Note
Gold buy 10 pips runningNote
XauusdNote
Follow my chartNote
Confirm my signalNote
Gold buy signalNote
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Disclaimer
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.