Xauusd gold weekly opportunity
Market participants might also prefer to wait on the sidelines ahead of China inflation data and the G20 leaders summit over the weekend. Hence, some follow-through buying is needed to confirm that the recent pullback from a one-month peak, around the $1,953 area touched last Friday, has run its course. Bears, on the other hand, might still wait for a sustained break and acceptance below the 200-day Simple Moving Average (SMA) before placing fresh bets around the Gold price.
Good buy 1918
Target 1950
Sl 1900
Good buy 1918
Target 1950
Sl 1900
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