Not much to dislike about gold right now from a technical point of view. Price just set a new all-time monthly closing high last month at $1986/oz and looks determined to test the all-time high at $2089/oz. Price is trending above all of the short and long averages and all averages are also trending higher which indicates a bullish trend behind price. The lower PPO indicator has also crossed bullish with the green signal line back above the purple base line which indicates short-term bullish price momentum. Both lines holding and trending above the horizontal 0 level indicate that the overall or long-term momentum behind price is also bullish.
All signs point to more gains for gold in 2023.
All signs point to more gains for gold in 2023.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.