Hi Friends, Precious metals trading increased due to last night's sluggish demand for the greens. Moreover, investors are opting for precious metals as safe-haven assets due to upcoming Brexit proceedings and US-China trade war possibilities.
As of current writing, the spot price for gold is seen near level EMA20 and EMA50, showing potential price rebound with 1319 as resistance or TP, 1306 as 1st Support level or SL, and 1300 as max support line.
cheers.
As of current writing, the spot price for gold is seen near level EMA20 and EMA50, showing potential price rebound with 1319 as resistance or TP, 1306 as 1st Support level or SL, and 1300 as max support line.
cheers.