Gold (XAU/USD) topped $2,100 on Monday. Economists at Société Générale analyze the yellow metal’s outlook.
$2,075 is near-term support
Gold has established itself above the upper part of multi-year range ($2,075) in the form of a rectangle; this denotes the uptrend has resumed. It is fast approaching the peak achieved in December near $2,135/$2,140 which is also the trend line connecting highs of 2011 and 2020. This could be a tentative resistance but break from multi-year consolidation points towards possibility of larger upside.
Upper limit of the rectangle at $2,075 is near-term support.
Once Gold overcomes the hurdle at $2,135/$2,140, the up move is likely to extend; next objectives could be located at projections of $2,250 an $2,360.
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。