Monday, May 10, 2021

Gold Trends (10 May 2021) - Updates of Mib Agenti

 

Charts - excerpts from tradingview.com

The 15 mins charts are although positive and the target is $1874 with technicals at mid-levels but volatilities are low, so pushing higher might be limited. Its reenergised if pushed above $1853 by NY Open. To pull it to negativity needs it pressured and subdued below $1820 and the target is $1800.

The hourly charts are negative and the target is $1785 and the technicals at high-mid levels but price action contradicts it and slight decay is creeping in. It revitalised if kept below $1815 by London p.m. fix. To pull it to positivity needs gold to be bought and pinned above $1862 and the target is $1898.

Do watch the global markets for your next clues.

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