WebApr 6, 2024 · The recent 97.380 peak remains the high watermark for now. A break of this level would confirm a resumption of the uptrend that started late February. On the downside, a clear break below the 20-day EMA would instead threaten the bullish theme and signal scope for a deeper pullback towards 96.780, the Mar 14 low. Web2 days ago · The cross has recently pierced key resistance at 145.57, the Mar 2 high. A clear break of this level would strengthen a bullish condition and pave the way for gains above 146.00, towards 146.73, the Dec 15 high. Momentum studies remain in a bull-mode condition highlighting an uptrend.
Gold Price Outlook Remains Bullish Despite Short-term Choppiness
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Gold Price Outlook Remains Bullish Despite Short-term Choppiness
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