Gold (ounce in $): re-test of the floor of $1811


(Communicated)

(CercleFinance.com) – The ounce of gold is re-testing the floor of $1,811 (low of February 24 and 27).
The situation remains fragile: any new outbreak of fever in interest rates could turn into a bearish signal below the $1,800 level, with $1,740 in sight.
A more bullish trend could emerge, but would not be validated before crossing $1,865/1,870 (ex resistance of May 24 then June 10, 2022).

Copyright © 2023 CercleFinance.com. All rights reserved.
The information and analyzes disseminated by Cercle Finance only constitute a decision-making aid for investors. The responsibility of Cercle Finance cannot be held directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional adviser before any investment. This indicative information does not in any way constitute an incitement to sell or a solicitation to buy.

Did you like this article ? Share it with your friends with the buttons below.


Twitter


Facebook


LinkedIn


E-mail





Source link -85