Review on gold:
1) Indicators are slightly bullish
2) MACD signal lines are above zero but histogram is very flat
3) RSI is above 50 but looks slightly sideways
4) Recent risk rest seemed to cheering on the bulls.
5) It is refreshing intraday high while breaking a $2 range below $1,915.
6) However, this rebound may have a trace of vulnerability as the recovery is approaching confluence.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now