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Gold Price Today
Gold Price Today

Gold Price Today 1684 USD per ounce at 13:26


Gold has a support around $1,670. So far we are not reaching there instead it hanging . That is more dangerous to bulls because as per EW theory the range called as smaller wave. After it there will be the fast and longer wave will reveal. So I am looking for more deeper target next week before FOMC.

Gold Price

Gold Price: 1684 USD per ounce at 13:26 New York UTC -5.00 : Gold Price Today April 17.

Gold Price Today
Gold Price: 1684 USD per ounce at 13:26 New York UTC -5.00 – See here Live Gold Price

 

Technical analysis – Gold Price: 1684 USD per ounce at 13:26 New York UTC -5.00

A fast and easy way to analyze CFDs

Technical analysis gauges display real-time ratings for the selected timeframes. The summary for GOLD (US$/OZ) is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. Results are available at a quick glance. Gold Price Today 1684 USD per ounce at 13:26.

Gold – Buy

 

Gold Price Today
Gold Price Today

 

See Gold is already making that retest now. The big question is, will bulls form a bull flag coming days or is the rally already over short term. Now in hindsight it seems the market kept things in the middle, didn’t pump, but invalidated the H&S but eventually still dumped and almost reached the H&S target even. As you can see, it broke that trend line , so now it’s important to see if it can break the breakout level around 1710 or not.

Otherwise this could just be a a retest and we make a bigger correction. If so, i think it will drop towards the green zone around 1640/50. The retest could go higher, but if 1710/05 breaks, i see that as a neutral zone then. But would say, if it gets above 1730ish, the correction might already be over and the rally might continue. Gold Price: 1684 USD per ounce at 13:26 New York UTC -5.00.

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Thing though for me personally, because i also think that the stock market will sometimes soon still make a big crash, i think it will once again drag metals down along with it. This is a trend during other market crashes as well, but of course doesn’t mean it will always happen like that. For now the 1683 zone is a support, do think there is a chance we see another attempt to retest the 1700/05, but think 1690/88 has to hold for that. See here the Best Place to Buy Gold.


 

 

Mia Turner

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