Gold Price Today: Analyst Sets 3 Conditions Before Calling a Recovery
Photo: CaptainAltcoin
Gold price is showing some signs of life again around $4,000, but analyst More Crypto Online is not ready to call the correction finished. XAU/USD has recovered from an intraday low near $3,990 toward roughly $4,020, a move of close to 1% from the session low. More Crypto Online still wants much more evidence. “Before I call a bounce in gold,” he wrote, he wants to see three things: a break above Friday’s high, a strong move higher rather than a slow drift, and more than one green daily candle. Until then, his view is simple: sellers remain in control.
Source: CaptainAltcoin
