Gold Price Forecast – Gold Markets Stagnant

Gold Price Forecast – Gold Markets Stagnant

Gold markets did very little during the trading session on Tuesday, sitting around the $1885 level. This is an area that of course will continue to be interesting as we have seen the market bounce around here for the last couple of days. At this point in time, the $1900 level above is resistance and the 50 day EMA sitting there of course adds a bit to that opportunity as well. Because of this, I think it is only a matter of time before we test that area again, but if we break above it then that could be a nice buying opportunity. Gold Price Predictions Video 18.11.20

On the other hand, if we do pull back a bit from here then I think there is plenty of support near the $1850 level, an area that has been crucial for some time, and the beginning of massive support all […]

About the author: StockMan

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