Anticipated gold price movement (update to the last post)
Watch for supportive and resistant region.
Gold -0.07% price is likely to fluctuate between 1224 and 1233. RSI shows a relatively low ascending momentum, and SO indicates the price has met its support level . We shall always pay attention to any sudden news that may bring impact to gold -0.07% price.
In summary, pay attention to the supportive region and resistant region that are shown on the chart. I personal don't expect huge volatility to happen at least today.
Gold -0.07% price is likely to fluctuate between 1224 and 1233. RSI shows a relatively low ascending momentum, and SO indicates the price has met its support level . We shall always pay attention to any sudden news that may bring impact to gold -0.07% price.
In summary, pay attention to the supportive region and resistant region that are shown on the chart. I personal don't expect huge volatility to happen at least today.
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