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Gold’s price broke the key resistance of $2,140 last week, with prices rising 5%. Economists at ANZ Bank analyze XAU/USD technical outlook.
The last two days of consolidation have formed a resistance level near the recent high of $2,195. A break of this resistance could see Gold trading above $2,200 range.
However, a healthy price correction looks in the offing as the Relative Strength Index suggests an overbought level.
If correction starts, the price could fall back to the key support level of $2,100.
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。
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