Gold price is an inch far from recapturing a weekly high of $2,063 amid persistent bets that the Fed will cut interest rates in March. The precious metal delivered a sharp recovery after discovering strong buying interest while re-testing the crucial support around $2,040. The 14-period Relative Strength Index (RSI) has shifted into the upper range of 60.00-80.00, which indicates that a bullish momentum is active.
Gold Buy now 2042
Confirm Target 2070
Gold Buy now 2042
Confirm Target 2070
Note
20 pips runningNote
Guy's support meNote
40 pips done ✅
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.