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<p>On the 4h chart, the gold price is reported to 1226 at the end of last night on GMT +11 basis. With the penetrate of 61.8% retracement level of the 1236/1195 flip. Even though the 20 SMA is breaking the 60 SMA from above, the chaos MA distribution says nothing worthwhile noticing. However, the technical readings suggest an extended bullish trend for the pair. To take the profit, the investor could view 1228.40 as the resistance and the 1220.92 as the support.</p>

buying interest for Gold in Medium term

Dec 01 2020