Hi traders,
Gold rapidly approaches the 2019-high about 1.1% and U.S Dollar
Dollar index dropped by -0.18% during weekend trade($1326) as crisp information prints
leaving the U.S. economy hose wagers for a Federal Reserve rate-climb,
and the Federal Open Market Committee (FOMC) Minutes may keep on shaking up
the close term viewpoint for bullion as a bull-banner development gives off
an impression of being working out.
Technical analysis , as bollinger bands 20 shows volatility movements
appears on wide range between 1283.10 and 1332 as Test Resistance, target price
1360 - 1400 range.
1332 level can be a pull back signal or neutral for short term trade.
Relative strength index is near over bought territory 66.9 .
Gold rapidly approaches the 2019-high about 1.1% and U.S Dollar
Dollar index dropped by -0.18% during weekend trade($1326) as crisp information prints
leaving the U.S. economy hose wagers for a Federal Reserve rate-climb,
and the Federal Open Market Committee (FOMC) Minutes may keep on shaking up
the close term viewpoint for bullion as a bull-banner development gives off
an impression of being working out.
Technical analysis , as bollinger bands 20 shows volatility movements
appears on wide range between 1283.10 and 1332 as Test Resistance, target price
1360 - 1400 range.
1332 level can be a pull back signal or neutral for short term trade.
Relative strength index is near over bought territory 66.9 .