Gold price leans on the support – Analysis - 03-09-2021
Gold price leaned on the intraday bullish channel’s support line and attempts to build bullish wave now, to keep the bullish trend valid and active for the upcoming period, waiting to breach 1825.15 to confirm rallying towards 1860.00 as a next positive station.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 1797.00.
The expected trading range for today is between 1797.00 support and 1835.00 resistance.
The expected trend for today: Bullish
Reprinted from Economies，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.