Xauusd buy confirm signal
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Gold price trades near $2,620.00 on Monday, with the daily chart indicating a consolidation phase as the metal moves sideways near the nine- and 14-day Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) hovers just below the 50 mark, reflecting a neutral sentiment. A decisive move above 50 could signal increased buying interest in the commodity.
Gold now buy 2615
Target 2650
Small sell
On the downside, the XAU/USD pair may find its immediate support around the nine- and 14-day EMAs at $2,624.00 and $2,628.00, respectively. A break below these levels could increase selling pressure, potentially pushing Gold toward its monthly low of $2,583.39.
Xauusd H1
Confirm signal
Gold now buy 2615
Target 2650
Small sell
On the downside, the XAU/USD pair may find its immediate support around the nine- and 14-day EMAs at $2,624.00 and $2,628.00, respectively. A break below these levels could increase selling pressure, potentially pushing Gold toward its monthly low of $2,583.39.
Xauusd H1
Confirm signal
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