Gold price has reversed early recovery gains and remains on the defensive this Tuesday. XAU/USD could see an extended correction, FXStreet’s Dhwani Mehta reports.
Buyers need to reclaim the $1,935 hurdle to end the corrective downside
“With the 14-day Relative Strength Index (RSI) inching slightly higher, risks remain skewed to the upside in the near term. But Gold buyers need to reclaim the $1,935 hurdle, at first, to end the corrective downside. The next critical resistance is seen at the $1,950 psychological level, above which the wedge confluence at $1,959 will be the level to beat for Gold bulls.”
“A sustained move below the support near $1,915, will expose the previous week’s low at $1,911. The final threshold for Gold buyers to defend remains the $1,900 level should the correction regain traction. The bullish 21-Daily Moving Average (DMA) hangs around at that level.”
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。