Gold, Thursday forecast, September 5
The downtrend may be expected to continue, while gold is trading below resistance level 1547 - 1550, which will be followed by reaching support level 1533 and if it keeps on moving down below that level, we may expect the pair to reach support level 1523.
An uptrend is not expecting today.
Weekly forecast, September 2 - 6
The downtrend may be expected to continue, while gold is trading below resistance level 1535, which will be followed by reaching support level 1507 and 1495.
An uptrend will start as soon, as gold rises above resistance level 1535, which will be followed by moving up to resistance level 1554.
Comments
Log in or sign up to join the conversation.