KaltoireCapital

Gold has bounced up from the support level, will it break 1875?

FX:XAUUSD   黄金现货/美元
Dear traders, Gold has bounced up from the support level as expected. However,
the 100 day EMA is proving to be a strong resistance for Gold.

It would be interesting to watch how Gold behaves around the 1875 level. If Gold bulls
can convincingly break this level, then it would open the doors to 1900 and beyond.

In the short-term, I expected Gold to reach the 1875 level at least
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