Gold buy

Gold is within a channel with boundaries 1 730 - 1 830

29 september 2021 83
Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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Gold has approached the lower boundary (1 730) of the range within which it has been traded since mid-June.

The Stochastic indicator is in the oversold area.

That's why it is likely that gold will bounce from the lower boundary of the range and head to the upper at 1 830.


Konstantin_Kochkin
Konstantin_Kochkin

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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