11th January Gold Outlook: Upside Momentum Targets $1896 - $1906
Gold broke through recent $1881 high and reaches $1886.
A calm market witnesses range bound price action ahead of crucial economic data which is supposed to bring decisive trigger for next move.
As long as $1878 is not violated, Gold is all set to break above recent narrow price range and test $1896 followed by $1900-$1906
Sustained break below $1880-$1878 can push Gold down towards $1868 followed by $1860
A calm market witnesses range bound price action ahead of crucial economic data which is supposed to bring decisive trigger for next move.
As long as $1878 is not violated, Gold is all set to break above recent narrow price range and test $1896 followed by $1900-$1906
Sustained break below $1880-$1878 can push Gold down towards $1868 followed by $1860
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.