Daily Resistance on GOLD (XAU) lets see how the week turns out
Again we come to a resistance level for GOLD, XAU and now watch for a break above (at the time of this writing) exactly at the resistance 1827.02.
With the past double bottoms both at 1680 and 1733 we can see a return to either of those levels, very possible or a continuation to 1865.
We are looking at inflationary pressures greater than the 7% that the FED is calculating so longing gold as a hedge is not a bad idea. That along with any crypto currency i.e. BTC, ETH, etc.
With the past double bottoms both at 1680 and 1733 we can see a return to either of those levels, very possible or a continuation to 1865.
We are looking at inflationary pressures greater than the 7% that the FED is calculating so longing gold as a hedge is not a bad idea. That along with any crypto currency i.e. BTC, ETH, etc.