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Gold Price Bounces off $1,915 amid Risk-off, Eying Channel Breakout

Started by forex4you, Mar 24, 2022, 05:28 am

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Gold Price Bounces off $1,915 amid Risk-off, Eying Channel Breakout

The XAU/USD challenges a confluence area which stands as an upside obstacle. A new higher high could really activate an upside continuation. Only a new lower low could invalidate a new leg higher. The gold price is struggling to extend its growth. Meanwhile, the bearish pressure remains high as long as the price stands below … Continued


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Source: Gold Price Bounces off $1,915 amid Risk-off, Eying Channel Breakout
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