Gold Daily Review for June 13, 2019
|Gold is struggling under major long-term resistance, silver is along for the ride; it will take a surge of buying to spark a macro-breakout.|
|Gold prices broke up out of the bullish descending wedge but met sellers at a familiar resistance around 1338. The correlation between stocks and safe|
|Gold daily chart Gold is consolidating the recent gains below the 1,346.00 resistance. Gold 4-hour chart Gold is trading above its main simple moving|
|Gold futures finished higher on Wednesday, their 10th gain out of 11 sessions. Declines in global stock markets and worsening U.S.-China trade tensions…|
|The attached chart is the hourly timeframe, which is much shorter than I typically show you here at Daily Forex. In general, I will take a look at the daily …|
|Gold prices were unable to capitalize as jittery financial markets rediscovered the haven appeal of the US Dollar. More of the same looks likely ahead.|
Have a nice trading!