Gold's relative strength index (RSI) is moving higher above its midline, approaching the 59.00 level, suggesting there is still room for further gains in gold prices. The main resistance levels faced by gold prices in the near future are the psychological mark of $2,350 per ounce and the historical high of $2,365 per ounce. If gold prices can break through these resistance levels, another rebound to the $2,400/ounce level cannot be ruled out. However, if gold pulls back and regains upward momentum, support at $2,330 an ounce will play a key role. If it fails to hold this support level, gold prices may fall further to the high of $2,305/ounce on April 4; if it falls below this level, it may test the low of $2,268/ounce on April 5.
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Comment:
active trade
Telegram:More Signal
t.me/+HdvONqqgRQRmYmNl
t.me/+HdvONqqgRQRmYmNl