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Is GOLD setting up for a drop? Fell Below 20 Day Moving Average shows up after declining 1.04%
GOLD finished lower by 1.04% on Monday, June 22nd, trading 0.5 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 41.33, 40.85 & 40.19, with resistance at 42.46, 43.12 & 43.6.
Current SwingTradeBot Technical Rating of GOLD: C
See all signals and full analysis for GOLD on SwingTradeBot.com →
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