Has Gold a found a stopping point?
Welcome to Monday’s market update. The focus of today’s update video is on Gold. We are currently watching the selling that continues to develop today after buyers failed to carry on with Friday’s rally.
Buyers made a good attempt at clearing supply on Friday, but today’s has seen a reversal after USD strength and selling pressure came back into the market. In today’s video, we break down levels we are watching at a possible new level of resistance that has started to present.
We are asking if buyers are out of juice and if these points could become a new short-term turning point, or could buyers come back into the market and make a new push at breaking supply and the new resistance level?
Thanks for stopping by and watching our latest update. We hope you are all enjoying your Monday.
Good trading.
Buyers made a good attempt at clearing supply on Friday, but today’s has seen a reversal after USD strength and selling pressure came back into the market. In today’s video, we break down levels we are watching at a possible new level of resistance that has started to present.
We are asking if buyers are out of juice and if these points could become a new short-term turning point, or could buyers come back into the market and make a new push at breaking supply and the new resistance level?
Thanks for stopping by and watching our latest update. We hope you are all enjoying your Monday.
Good trading.
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。