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Tag: 20Day
Gold Price Forecast: Battles Resistance Around 20-Day Moving Average
Downward trend remains dominant If further weakness follows today's small pullback, the strength of the downtrend could regain influence and…
Gold Price Forecast: Hits Five-Day High with Resistance at 20-Day MA
Faces on the key in the short term Also, an important point to consider is that the short-term downtrend line's…
Gold Price Forecast: Targeting Rise to 20-Day Moving Average at 2,644
Test of previous trend support as resistance Note that the lines were around resistance at the highs of the day…
Gold Price Forecast: Faces Resistance at 20-Day MA, Bearish Outlook Builds
Aggressive selling seen in bearish reversal candle On Monday, a long red bearish engulfing pattern was completed that reflects aggressive…
Gold Price Forecast: Finds Support Near Key Levels, Eyes 20-Day Resistance
Could the retracement end today? Today's low could certainly mark the end of gold's bearish retracement after last week's record…