Chat with us, powered by LiveChatGold Prices Decline with Next Support at 2006; Shift from Bullish to Neutral

Gold Prices Decline with Next Support at 2006; Shift from Bullish to Neutral

Gold Prices Decline with Next Support at 2006; Shift from Bullish to Neutral

Gold Prices Decline with Next Support at 2006; Shift from Bullish to Neutral


Gold prices have decreased today, and the next support level is at 2006. Currently, the trend appears to be bearish, and gold seems to be under pressure from the rebound in the dollar and treasuries. The outlook for gold has shifted from bullish to neutral, indicating that it is entering a phase of uncertainty.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2140

2090

2050

2032

2006

1979

 

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