EVN 0.00% $4.40 evolution mining limited

US gold price nearing resistance zone $US1515

  1. 3,092 Posts.
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    Hi folks

    The US gold price nearing resistance zone $US 1515.

    The gold price has been turned back from this level on four separate occasions since October 2019. I suspect that in the short term it may be rejected again at this level on the first try on this occasion. Its likely but not 100%. Its the second attempt that I will be watching keenly.

    If we get a number of closing days above 1515 then the next resistance level in in the $US1530 and I suspect that we will get there fairly quickly. The next small step of a gold run.

    Will be watching keenly in the near future.

    Just my opinion , DYOR

    Good luck folks'

    Cheers Lies
 
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