As the USD gains strength, gold is dipping lower. It could either be a correction or a reversal.
However, the RSI indicates an oversold condition while the MACD histogram is in the red. There is also a good degree of MACD separation indication that this move may continue.
The next support is at 1863.24.
However, below is also some comment from the Citibank’s analysts for your consumption:
“We lift the 2021E base case gold price forecast by ~$300/oz, versus our early July update, to a record $2,275/oz.”
“Maintain our 0-3m point-price target at $2,200/oz and a 6-12m target at $2,400/oz.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
喜歡的話，讚賞支持一下
暫無評論，立馬搶沙發