GOLD TECHNICAL ANALYSIS – GOLD PRICE CHART – GOLD TRADING TIPS

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GOLD TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly charts, GOLD is trading in an upward channel.

It is trading below MA (20) but above MA (50) and MA (100).

RSI is in selling zone which indicates bearishness. MACD is currently trading above zero which indicates bullishness.

The immediate support is at 1784 and the resistance level is at 1912

GOLD is trading in an upward channel until there is a trend reversal.

GOLD Technical Analysis: Daily Chart

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