Chat with us, powered by LiveChatGold Outlook Shifts to Neutral with Resistance at 2050

Gold Outlook Shifts to Neutral with Resistance at 2050

Gold Outlook Shifts to Neutral with Resistance at 2050

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

 

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