Ready to trade our monthly Gold forecast? Get it here:
The 50-Week EMA sets up just below the $1900 level, an area that obviously has a lot of psychological importance attached to it. With that being the case, I think you’ve got to look at this through the prism of perhaps trying to find a little bit of support in this area.
If this does not hold, then it would be a very ugly look for gold, as we could drop down to the $1800 level. The $1800 level course is a major round figure and therefore it does make quite a bit of sense that we would see a little bit of noise in that general vicinity. The other side of the equation is that we get some type of bounce, and as I write this during the end of the month of June, we are most certainly at a major inflection point.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
July 4th 2023: Where to see Fourth of July parades in N.J. (June 30, 2023)Check out this list of Fourth of July parades planned throughout New Jersey in 2023.
Weiterlesen »
July 4th 2023: Festivals, parades and concerts in N.J. (July 1, 2023)Check out these July 4, 2023, events and festivals being held in New Jersey through July 4.
Weiterlesen »
S\u0026P 500 Forecast: July 2023The S\u0026P 500 has been bullish during most of the month of June, and it\u2019s possible that we may have a little bit of a cooling period for the month of July
Weiterlesen »
EUR/USD Forecast: July 2023EUR/USD: Gains Made in the Midst of Central Banks Rhetoric
Weiterlesen »
Fourth of July 2023: Where to attend July 4 parades in N.J.Check out this list of Fourth of July parades planned throughout New Jersey in 2023.
Weiterlesen »
July 4th 2023: Where to find festivals, parades and concerts in N.J. (June 29, 2023)Check out these July 4, 2023, events and festivals being held in New Jersey through July 4.
Weiterlesen »