Gold price finds temporary support near the fresh monthly low of $1,916. The precious metal looks vulnerable and is expected to continue its downside move. After remaining consistently below the 20 and 50-day Exponential Moving Averages (EMAs), the yellow metal is declining toward the 200-day EMA around $1,917.00. Momentum oscillators are near the support region and a further downside would trigger a bearish impulse.
Gold sell zone 1922
Target 1916
Target 1910
Gold buy limit 1910
Target 1915
Target 1930
Gold sell zone 1922
Target 1916
Target 1910
Gold buy limit 1910
Target 1915
Target 1930
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Gold sell 20 pips running
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