Technical outlook OANDA:XAUUSD :
In the near term, and according to the 4-hour chart, the falling EMAs lead lower, now providing dynamic resistance around $1920.30.
The longer moving averages are still much higher than the shorter moving averages, while providing a downward slope, while technical indicators have bounced from intraday lows but are still in...
OANDA:XAUUSD Gold prices are seeing 'buying' trading early on Tuesday, after finding new buyers just above the critical support area of $1950.
Gold buyers need to be accepted above the 100-day moving average (DMA) resistance turning support at $1,963 on a daily close to extend the recovery from six-day lows.
The next upside hurdle aligns with the $1970 static...
