From a technical perspective, the overnight break below the 50-day Simple Moving Average (SMA) could be seen as a fresh trigger for bearish traders. Hence, any subsequent recovery might still be seen as a selling opportunity and runs the risk of fizzling out rather quickly near the $1,872-$1,875 region. This is closely followed by the $1,890 hurdle, above which Gold price could surpass the $1,900 mark and test the next relevant resistance near the $1,925-$1,930 congestion zone.
On the flip side, the $1,850 level now seems to protect the immediate downside. Some follow-through selling could drag Gold price further towards the $1,830 intermediate support en route to the $1,818-$1,817 zone and the $1,800 round figure.
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang