GOLD update for 2 October 2019
Daily Data Summary Suggests:
Current Daily Trend is Bearish
The anticipated upcoming trade range is between 1483.43 - 1515.61
If GOLD is capable of maintaining the current strength as of today, there is a projected daily target price of 1517.04
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Neutral Bear
The strength demonstrated over the last 5 days is currently: Bullish
Price Consolidation has formed between: 1459.23 - 1555.33
Current chart score suggests a Bearish Market is present.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
Current Daily Trend is Bearish
The anticipated upcoming trade range is between 1483.43 - 1515.61
If GOLD is capable of maintaining the current strength as of today, there is a projected daily target price of 1517.04
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Neutral Bear
The strength demonstrated over the last 5 days is currently: Bullish
Price Consolidation has formed between: 1459.23 - 1555.33
Current chart score suggests a Bearish Market is present.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **