Next Stop?
Could be that since spot gold in USD has been firmly wedged between its 50 and 200 daily moving averages for three weeks any downward break of consequence from here puts the 200DMA as major resistance which must hold for NST to remain in its bullish mood.
PM market seems undecided about the NK/US standoff , and the next direction of US interest rates ie the USD Index.
Observation only.
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$17.51 |
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---|---|---|
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6 | 72217 | 9.010 |
4 | 47094 | 9.000 |
7 | 65586 | 8.990 |
8 | 105898 | 8.980 |
Price($) | Vol. | No. |
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9.050 | 128028 | 11 |
9.060 | 115189 | 10 |
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