XAUUSD

Mis à jour
Conan, hello everyone!

Gold (XAU/USD) maintained its bullish momentum and traded at a fresh record high above $2,610 on Friday. Rising expectations that global central banks will follow the Fed in easing policy and cutting interest rates have boosted XAU/USD.

However, a close look at the short-term chart shows that the yellow metal is struggling to capitalize on the immediate support at $2,618 to break above the resistance at $2,625 ahead of the weekend. Both the short-term and medium-term outlooks suggest that the bears are gradually gaining strength. The Relative Strength Index (RSI) is trending down in the bullish zone, indicating a potential momentum shift and a resumption of the correction. Current support is at $2618, if this level is broken the price will drop rapidly towards the targets to watch at $2610 and $2605.
Transaction en cours
.
Transaction en cours
Gold is waiting for something to correct?
buyForexGoldgoldideaHarmonic PatternsTechnical IndicatorsSELLsignalsTrend AnalysisXAUUSD

Publications connexes

Clause de non-responsabilité