[ad_1]
- Gold has climbed several months over its major DSMAs.
- The level to beat for the bulls is the resistance of 1,430.00.
Daily Chart Gold
Gold is trading above its major single daily moving averages (DSMAs), with bulls challenging the resistance at 1,430.00.
Gold 4 hours
The market is trading above the major financial markets, suggesting a bullish medium-term bias. If the bulls manage to overcome the resistance of 1,430.00, the market will reach 1,440.00 upwards.
Gold 30 minutes chart
Failure above 1,430.00 may result in a retracement potential to levels 1,420.00 and 1,414.00 and the 1,400.0 handle.
Additional key levels
Source link
