Gold sellers target $2,300 again as the new week begins
已更新
Dear traders!
Gold prices are falling early Monday after seeing a sell-off of more than 1% on Friday. Gold traders are now looking forward to a series of speeches from US Federal Reserve policymakers later on Monday to signal the new policy and its impact on the USD.
Despite the triangle breakout confirmed last Thursday, Gold prices were unable to extend the bullish breakout and returned to the ascending channel limit once again, resulting in a weekly close below the Midpoint. Simple Moving Average (EMA)34, currently at $2,325.
Such a move has buoyed sellers. Furthermore, the Bear Cross confirmed last week, after the 34-day EMA crossed the 89-day EMA from above on a daily closing basis, remains a cause of concern for buyers.
Gold prices are falling early Monday after seeing a sell-off of more than 1% on Friday. Gold traders are now looking forward to a series of speeches from US Federal Reserve policymakers later on Monday to signal the new policy and its impact on the USD.
Despite the triangle breakout confirmed last Thursday, Gold prices were unable to extend the bullish breakout and returned to the ascending channel limit once again, resulting in a weekly close below the Midpoint. Simple Moving Average (EMA)34, currently at $2,325.
Such a move has buoyed sellers. Furthermore, the Bear Cross confirmed last week, after the 34-day EMA crossed the 89-day EMA from above on a daily closing basis, remains a cause of concern for buyers.
交易進行
交易進行
註釋
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。