GOLD Gold price is consolidating in a tight range of 1955$-1967$ on hourly scale. The precious metal has moved sideways around the 50% Fibonacci retracement level (drawn from the June 2 high at 1,985$ to the June 5 low at 1,940$) at 1,965$.
The 50-period exponential moving average (EMA) at 1,950$ is providing a cushion for Gold bulls.
Meanwhile, the Relative Strength Index (RSI) (14) is hovering in the 40.00-60.00 range, which suggests that investors are waiting for a fresh trigger for a move. decisive state.
I expect a strong buying GOLD force at 1943$-1946$ just like my strategy
Stoploss: 1935$
The profit I predict at 1950$, 1955$, 1965$
Follow me to get more signals, and please install TP, Sl full to win the market!
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.