Gold buy signal

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Gold price recovers after a corrective move to near $1,970.00 and is expected to recapture the five-month high near $2,000.00. The precious metal recorded significant gains for two weeks. A bull cross, represented by the 20 and 50-day Exponential Moving Averages (EMAs), warrants more upside ahead. Momentum oscillators shift into the bullish range, indicating that the upside momentum has been activated.

Gold buy now 1977
Target 1981
Target 1985
Target 2001

SL 1964

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Gold buy signal

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