Gold Outlook Shifts to Neutral with Resistance at 2050
Gold prices have been attempting to recover for the second day following a short-term bearish trend. However, the current outlook is somewhat neutral. In case the rebound persists, the next resistance level will be at 2050. Conversely, if the prices keep declining, the next support level is at 2006.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2140 |
2090 |
2050 |
2032 |
2006 |
1979 |