Gold (XAU/USD) has based short-term and targets the $1835 level, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. See – Gold Price Analysis: US Treasury yields and USD to ease later in the year, allowing for XAU/USD gains – HSBC 2019-2021 support line comes in at $1692 “Gold has completed a small base at approximately $1756-$1677 which offers an upside measured target to $1835. This is our short-term target. Above here lies the 200-day ma at $1857.58 and the downtrend at $1881. We suspect that this will hold the topside for now. “Key support is the 2020-2021 uptrend which is also in this vicinity at $1692 and the $1670.49 June 2020 low. While above here we will assume an upside bias.” 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 GBP/USD to resume the core uptrend on a break above 1.4017 – Credit Suisse FX Street 2 years Gold (XAU/USD) has based short-term and targets the $1835 level, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, reports. See - Gold Price Analysis: US Treasury yields and USD to ease later in the year, allowing for XAU/USD gains - HSBC 2019-2021 support line comes in at $1692 "Gold has completed a small base at approximately $1756-$1677 which offers an upside measured target to $1835. This is our short-term target. Above here lies the 200-day ma at $1857.58 and the downtrend at $1881. We suspect that this will hold the topside for now. "Key support is the… 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.
