The price of Gold at the moment is $1,148 and although it has been slightly uncertain today, it is still going upside to reach the next big target - $1,162 - $1,164.
Chart: XAUUSD H4
Wednesday, October 7, 2015
Gold In An Uptrend
Gold has been performing positively for the past three weeks since its bottom at $1,070. This low has acted as the beginning of the new uptrend which is currently still going strong. Every time the price has reached the support line the precious metal has been reacting to it by gaining new strength.
The price of Gold at the moment is $1,148 and although it has been slightly uncertain today, it is still going upside to reach the next big target - $1,162 - $1,164.
Chart: XAUUSD H4
The price of Gold at the moment is $1,148 and although it has been slightly uncertain today, it is still going upside to reach the next big target - $1,162 - $1,164.
Chart: XAUUSD H4
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Well spotted! I'll keep an eye on it.
ReplyDeleteThank you for the analysis i'll keep an eye.
ReplyDeleteThank you for the analysis.
ReplyDeleteGood point!
ReplyDeleteA short lived rally on gold, it may go back down.
ReplyDeleteGood and clear analysis.
ReplyDeleteVery useful analysis.
ReplyDeleteVery useful information.
ReplyDelete