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Gold Price Forecast
Extrait：There could be considerable motive for Gold price action this week, given this week’s financial calendar with Jackson Hole on top of a slew of USD-related releases.
There could be considerable motive for Gold price action this week, given this weeks financial calendar with Jackson Hole on top of a slew of USD-related releases. While strength has been on full display, breakout potential remains at the current zone of resistance, spanning from the approximate 1804-1808, with another zone overhead from around 1824-1834. If bulls are able to take out that resistance, the next zone looming overhead runs from 1855-1860.
Currently, there‘s a support zone spanning from 1769-1775; this is the area that helped to hold last week’s lows. Below that is a secondary support zone running from 1755-1760, and below that is a third zone of interest from 1825-1834. The yearly low at 1680 continues to stick out, so if bears put in an outsized move, that 1680 level lurks below as a key marker sitting at the lows of Gold price action in 2021 trade.
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Avertissement:
Les opinions exprimées dans cet article représentent le point de vue personnel de l'auteur et ne constituent pas des conseils d'investissement de la plateforme. La plateforme ne garantit pas l'exactitude, l'exhaustivité ou l'actualité des informations contenues dans cet article et n'est pas responsable de toute perte résultant de l'utilisation ou de la confiance dans les informations contenues dans cet article.
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TMGM
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EC Markets
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IC Markets Global
TMGM
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EC Markets
Interactive Brokers
ATFX
IC Markets Global
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