Gold weakness stays seen as corrective, although the core uptrend may not resume for some time yet while the yellow metal trades below the $1916 level, strategists at Credit Suisse inform. See – Gold Price Analysis: Stimulative policies to drive XAU/USD above $2,000 – TDS Key quotes “Gold has stabilized as expected back above its 200-day average (at $1819) and we remain of the view weakness from August is a correction within the longer-term bull market.” “Above the downtrend at $1916 is needed to add weight to the view the worst of the sell-off has been seen but with a break above $1966 still needed to suggest the core trend is indeed turning higher again for strength back to $2075 and eventually $2300.” “A close below $1819 would warn of a more concerted correction lower with support seen at $1765/63 initially, then more importantly at $1726, which we look to hold.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next These three altcoins are growing like crazy with double-digit gains FX Street 2 years Gold weakness stays seen as corrective, although the core uptrend may not resume for some time yet while the yellow metal trades below the $1916 level, strategists at Credit Suisse inform. See – Gold Price Analysis: Stimulative policies to drive XAU/USD above $2,000 – TDS Key quotes “Gold has stabilized as expected back above its 200-day average (at $1819) and we remain of the view weakness from August is a correction within the longer-term bull market.” “Above the downtrend at $1916 is needed to add weight to the view the worst of the sell-off has been seen but with a break above… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
