Dear traders, Gold has bounced up from the support level as expected. However, the 100 day EMA is proving to be a strong resistance for Gold.
It would be interesting to watch how Gold behaves around the 1875 level. If Gold bulls can convincingly break this level, then it would open the doors to 1900 and beyond.
In the short-term, I expected Gold to reach the 1875 level at least
Everything seems to be fine. I agree with the idea, but several factors are still keeping me from the asset deal. Thanks for the idea! I wish everyone who takes the risk a profitable trade)