The Gold Price grinds higher past $1,950 resistance-turned-support comprising 5-DMA and the previous monthly low.
The XAU/USD recovery also crossed the $1,957 immediate support including the Fibonacci 23.6% in one-day to further convince the commodity bulls.
It should be noted that the Gold Price weakness past $1,950 needs validation from the $1,945 support level that encompasses the Pivot Point one-month S1 and Fibonacci 61.8% on one-day to welcome the XAU/USD sellers.
On the flip side, Fibonacci 61.8% on one-week and Pivot Point one-week R1, respectively around $1,968 and $1,975, can prod the Gold buyers before directing them to a convergence of the Fibonacci 61.8% on one-month, around $1,990 by the press time.
Overall, the Gold price remains on the buyer’s radar unless staying beyond $1,950.
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。