View full page at metalsmine.com

 

Gold, Silver, Platinum Forecasts: Bullish Breeze as Safe Havens Shine Brighter

From fxempire.com

Gold (XAU/USD): {chart} As of October 10th, precious metal gold price stands at $1856.73, with analysis based on a 4-hour chart timeframe. The key pivot point for the XAU/USD pair is $1830.39. Looking at significant resistance levels, we see them positioned at $1850.23, $1869.11, and $1888.96. In contrast, support levels are found at $1811.99, $1791.66, and $1773.26. Diving into technical indicators, the Relative Strength Index (RSI) reads 63, indicating bullish sentiment as it’s above 50. The Moving Average Convergence Divergence (MACD) stands at 3.3000, while its signal line is at 6.8800, suggesting potential ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis