Gold Spot / U.S. DollarUpdated

Gold increased sharply

Hello dear friends! As mentioned in the previous article, gold has broken the resistance level of $2010 after successfully closing a candle above that level, quickly approaching the psychological level of $2050.

The next target could be $2068 before the next correction takes place as the price is moving away from the EMA 34 and 89 and needs to retest. However, the long-term bullish momentum is still intact.
Note
How was gold trading at the beginning of the week?
Trade active
Note
Gold and its direction of movement

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