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200 Day Moving Average Support appears for GOLD after 0.65% move
GOLD posted a 0.65% gain on Wednesday, July 22nd, accompanied by 2.0× normal trading volume. Mixed technical signals appeared with 200 DMA Support and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 39.38, 38.57 & 37.66, with resistance at 41.1, 42.01 & 42.82.
Current SwingTradeBot Technical Rating of GOLD: C
This might just be the start. See what else showed up for GOLD today.
Read full article here »