FX.co ★ XAU/USD, GOLD

Hello traders. On the daily chart, the price of GOLD is trading at the level of 4102.65. As we can see, the MA14 indicator indicates a bullish trend, while the MA36 indicator points north. The price for this pair may possibly reach south towards the level of 4090.60 or 4070.88, or even 4050.05. Alternatively, the price may move north towards the level of 4110.10 or 4120.55, or even 4133.30. Wishing everyone successful trading and profitable deals.