TheAnonymousBanker

GOLD: Rebound in short Term?

Lång
OANDA:XAUUSD   Guld / USA-dollar
Hi Traders!
From a technical point of view, Gold is approaching some interesting support levels, and we cannot rule out some technical rebound, perhaps at the beginning of next week. If Gold falls below these levels, in the short term we expect some profit taking and some timid rebound cannot be ruled out. Move stop loss to breakeven as soon as possible.

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🔴 ...Lower U.S. interest rates raise the appeal of holding gold.

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By Anonymous Banker
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