Gold : Ready for another rally
As discussed since the beginning of this week that every Dip is a buying opportunity on gold, gold seems to following that and yesterday trading session after CPI numbers gold printed a good positive day closing and now trading above weekly S1 , Weekly S1 was acting as resistance on Intra day.
For today the daily CPR relation is positive and price opened with a little gap on CPR (Virgin CPR) this is indication that price is in good bullish momentum right now and if price hold above weekly S1 (2626) then bulls can target weekly pivot on Intra day (2650)..
For today the daily CPR relation is positive and price opened with a little gap on CPR (Virgin CPR) this is indication that price is in good bullish momentum right now and if price hold above weekly S1 (2626) then bulls can target weekly pivot on Intra day (2650)..
Anmerkung
Price now at 2650 and moving as marked on chart , a close above 2655 will be favorable for bulls for next week.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.