Gold prices Technically
XAUUSD
Oversold in the medium term, divergence in the short term with a dip tested a demand area
then
An attempt to recover and a test for the $1,640 barrier
Gold is looking for buyers amid the rise of the US dollar and its bond yields
The ball is in the Fed’s court and its expectations
to watch
1640 - 1644
1632
XAUUSD
Oversold in the medium term, divergence in the short term with a dip tested a demand area
then
An attempt to recover and a test for the $1,640 barrier
Gold is looking for buyers amid the rise of the US dollar and its bond yields
The ball is in the Fed’s court and its expectations
to watch
1640 - 1644
1632