Market participants might also prefer to wait on the sidelines ahead of China inflation data and the G20 leaders summit over the weekend. Hence, some follow-through buying is needed to confirm that the recent pullback from a one-month peak, around the $1,953 area touched last Friday, has run its course. Bears, on the other hand, might still wait for a sustained break and acceptance below the 200-day Simple Moving Average (SMA) before placing fresh bets around the Gold price.
Gold buy 1918
Target 1925
Target 1935
Target 1943
Sl 1905
Gold buy 1918
Target 1925
Target 1935
Target 1943
Sl 1905
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Gold buy close trades
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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.