GOLD PRICE FINANCIAL ANALYSIS BY CAPITAL STREET FX

 

GOLD PRICE TECHNICAL ANALYSIS: WEEKLY CHART

  • In the weekly charts, Gold is trading in an upward channel.
  • Gold is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • Gold will follow an uptrend in the coming weeks.
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