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Gold Strengthens the Rebound Around 1,800

Gold Strengthens the Rebound Around 1,800
Gold is overperforming the last couple of sessions on the 4-hour chart, advancing above the short-term downward sloping channel and the 20- and the 50-period simple moving averages (SMAs). The RSI is moving higher above the 50 level, while the stochastic remains in the overbought territory, indicating a possible overstretched market. Should the metal manage to gather more upside momentum, the next resistance […] The post Gold Strengthens the Rebound Around 1,800 appeared first on Action Forex... Read More
Posted: Mar 1 2023, 11:04
Author Name: actionforex
Views: 110454

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