2024-02-26 17:34
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Therefore, the bullish trend scenario will remain valid and active for today as long as 2016.90 level remains intact, as breaking it represents the key to return to the correctional bearish track and head to achieve negative targets that reach 1977.46.
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Description de l'article：
Gold price touched 2040.00 level and shows some slight bearish bias by today’s open, affected by stochastic negativity, while the EMA50 provides continuous positive support to the price, to reinforce the chances of continuing the expected bullish trend on the intraday basis, which targets 2065.70 as a next main station.
Therefore, the bullish trend scenario will remain valid and active for today as long as 2016.90 level remains intact, as breaking it represents the key to return to the correctional bearish track and head to achieve negative targets that reach 1977.46.