Gold buy

Buy gold after the price gets fixated above 1700

04 October 2022 528
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Load the latest quotes
Full screen

Apparently, gold is moving net-sideways to 1700 - 1800.


A price fixation above 1700 can probably push gold to the 1750 and 1800 levels.


And in the future, until the next FOMC meeting, the metal is likely to be traded in this range.


The DeMarker line is in the neutral zone and geared up, which suggests that the metal still has upside potential.

This content is for informational purposes only and is not intended to be investing advice.

error
More
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Comments
New Popular
Send
Commenting rules