FXEMPIRE
All
Corona Virus
Stay Safe, FollowGuidance
World
11,205,005Confirmed
529,380Deaths
6,354,269Recovered
Fetching Location Data…
Advertisement
Advertisement
Nenad Kerkez

Dear Traders,

Gold is very bullish. A recovery in the price of Gold was quickened by the risk-off sentiment which prevailed in the markets.

1580-1600 zone is bullish. If the price manages to stay above 1600 watch for 1-2-3 pattern above 1641.In that case the target will be 1652. Above 1652 we should see a retest of 1700 zone. The price needs to stay above 1550 else the trend might change again. At this moment, bulls are fully in control.

The Analysis has been done with the CAMMACD.Core and Sit Systems

 

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk