Gold Price Forecast: XAU/USD needs acceptance above $1,920 to resume the uptrend

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Gold Price Forecast: XAU/USD needs acceptance above $1,920 to resume the uptrend Gold XAUUSD Technical Analysis

“Four-hourly candlestick close above the 21-Simple Moving Average hurdle at $1,913 will drive the recovery further toward the upper boundary of the pennant, aligned at $1,925. However, Gold buyers need to find a strong foothold above the $1,920 round level, at first.”

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Source: Digital Coin News (digitalcoinnews.net)

 

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Anything is possible for the short term, I'm not currently engaged, but if retail sentiment flips to buying Gold, I'll be buying the monopoly dollar. GL frens!

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