Long gold at the current level

13 thg 11, 2024

Gold has been in an uptrend on the daily timeframe however, due to the sharp rally in the dollar index over the last two weeks we have seen some pull back in the yellow metal. On the two hour timeframe gold is right now at a good support level and is also having the momentum oscillators oversold . There is a good chance that we see the assumption of the uptrend from this level