23.12.2019
Gold gains support amid low spot volumes and the expected expiration of gold contracts on the futures market on December 25th. The prices are expected to reverse downwards after the expiration.
The price is above the upper border of Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% and is growing. Stoch are entering the overbought zone.
Trading recommendations:
If gold prices fix above 1480.85, they may experience a local growth to 1493.65.
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