Gold rebounded from the low in June, easing short-term downward pressure. For support below, we can focus on the low point of $3,325 after the gold price rebounded on Wednesday night, followed by the weekly low of $3,310. For pressure above, we can focus on the daily 5-day moving average near $3,345, which is also near the current intraday high. For upward breakthrough, we can focus on the daily Bollinger band middle track near $3,357.#VeteranIBSuccessStory#CommunityAMA
Gold rebounded from the low in June, easing short-term downward pressure. For support below, we can focus on the low point of $3,325 after the gold price rebounded on Wednesday night, followed by the weekly low of $3,310. For pressure above, we can focus on the daily 5-day moving average near $3,345, which is also near the current intraday high. For upward breakthrough, we can focus on the daily Bollinger band middle track near $3,357.#VeteranIBSuccessStory#CommunityAMA