Monday, May 3, 2021

Gold Trends (30 April 2021) - Updates of Mib Agenti

 

Charts - excerpts from tradingview.com


The 15 mins charts are negative and the target is $1733 with technicals at mid-low levels, being rangebound, restricts moves either direction. It’s reaffirmed if subdued below $1755 by NY Opening. To pull it back to positivity needs it to be bought and pinned above $1791 and the target is $1814.

The hourly charts are neutral, resynchronising and ponders its next move. If good volatilities arise, pulling it to positivity needs buying to lift it above $1806 by London p.m. fix and the target is $1825. To suppress it to negativity needs it slammed and kept below $1747 and the target shifts to $1720.

Do watch the global markets for your next clues.

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