Kuala Lumpur 5:30 p.m. (GMT+8) - In the early European Market, the gold price has slightly increased and is currently trading around $1,870 per ounce. The market is still paying attention to the epidemic in Europe and the U.S. election.
For the price movement of gold today, Swissquote Bank wrote a brief analysis as follows:
Illustration photo of Gold Price H4 Chart from Investing.com
As mentioned in the article, the bullish momentum will be apparent today and the imperative support level is set at $1,865 per ounce.
If the gold price stays above $1,865 per ounce, it will continue on a bullish momentum with the next targets set at $1,884 and $1,898 per ounce.
On the other hand, if the gold price does not sustain above $1,865 per ounce, this will instead drag the gold price down to the first target level of $1,859 and the next will be $1,852 per ounce.
Rationale : The RSI indicator implies a rebound.
As a conclusion, $1,852 and $1,898 per ounce will constitute the short-term support and resistance to the gold prices, respectively.
Translated from the original article : https://www.24k99.com/2010/435...
30 Oct 2020, 18:12 を編集しました
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。