31/05 - Gold holds the recovery
The US debt ceiling deal voting has created caution among the House members.
Despite that, gold buyers are still in control due to mixed US data.
However, the possibility of a rate hike by the US Federal Reserve may limit the increase in gold prices.
The Gold Price is still interesting to buyers as it keeps surpassing the resistance level of $1,950, which is now acting as support.
I would consider buying gold at 1946-1949
Do you think gold can come back to retest 194x?
Despite that, gold buyers are still in control due to mixed US data.
However, the possibility of a rate hike by the US Federal Reserve may limit the increase in gold prices.
The Gold Price is still interesting to buyers as it keeps surpassing the resistance level of $1,950, which is now acting as support.
I would consider buying gold at 1946-1949
Do you think gold can come back to retest 194x?
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