[Video] Gold gets bold above 1800
Matt Simpson October 26, 2021 2:04 AM
Gold rose overnight to close firmly above its 200-day eMA and $1800 level. And if bulls can defend it, $1820 could be up next.
In today’s video we take a multi-timeframe look at spot gold prices. As for silver, it is yet to mean revert but we remain of the view that $25 will act as resistance for a little longer so out of the two metals, gold appears the more structurally bullish over the near-term.
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