gold price is below the strong resistance level of 1517.50 in anticipation of the signing of the first phase of the trade agreement between the US and China, which is expected to be held next week in person J. Trump and C Tszenpina.
The price is above the average indicator Bollinger border lines above SMA SMA 5 and 14. RSI RSI moves horizontally overbought. Stoch above the level of 50% or uninformative.
Recommendations for trade GOLD Spot:
We consider it possible to sell gold to the local objectives of 1500.00 and 1491.00 this week.
Analytics Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.
FOREX FORECAST → Gold Spot 6/12/19 analysis forecast recommendation