Spot gold has held a good base and worked its way higher recently to break the downtrend from around 2067. With price action showing some good signs for a new leg up, i think it is a good idea to keep an eye on your favourite Gold Stocks. Check out the video for my Gold Price Action Analysis and where I think the precious metal is going along with the key levels to watch.
Welcome to Monday’s market update. The focus of today’s update video is on Gold. We are currently watching the selling that continues to develop today after buyers failed to carry on with Friday’s rally. Buyers made a good attempt at clearing supply on Friday, but today’s has seen a reversal after USD strength and selling pressure came back into the market. In...
spot gold has reached the target . jump up we suggested to buy in mcx gold
Spot Gold has had a good move higher the previous sessions and is moving up nicely on the Daily timeframe. That being said, price may need to flush out some buyers on a push lower to reset for another leg higher so I see some opportunity for a sell entry if the price action plays out. Looking at the Daily chart and 30 min chart for the trading chart and sell if...