The case for gold.
Gold may be due for a reversal with a confluence of indicators.
Gold has bounced from a support zone nearing a multi year trendline and the weekly 200 SMA.
The RSI is increasing and usually signals gains when it falls close to 20.
Also a recent increase in the U.S. Gold Mining Indices is believed to be a leading indicator for a reversal by some traders.
The case for gold. Gold may be due for a reversal with a...
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Last
7,906.6 |
Change
69.200(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,837.4 | 7,913.4 | 7,837.4 |
| XAO (ASX) Chart |