黃金現貨 / 美元

EXPECTING THE PRICE TO BREAK RESISTANCE - GOLD

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Hello Traders , What do you think for Gold ?

In 4 hours Time frame , we can see the price is still in profitable area . 50 EMA is above 200 EMA and more specific the price doesn’t drop below 50 EMA .
The previous days , we experienced twice to touch almost Resistance and Support ( 50 EMA ) , without any breaking condition .
If we take into consideration the geopolitical situation in Middle East and Ukraine - I think the price will decline a bit up to any level of support and then it will break Resistance .
In 15 minutes and 3 & 4 hours time frame the RSI is still in uptrend . But in 1 and 2 hours declaring pullback of the price action cause The Rsi ( high value is below 200 EMA ).

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