Gold Price Reports: Gold Hurdle Zone $1820—$1827 | Neal Bhai Reports

Gold Price Reports: Gold has rallied to and so far failed at the $1813, 55-week moving average. Gold slip to the $1721 September 2021 low.

Gold Price Falters at the 55-week ma of $1813

“Gold has rallied towards the 55-week ma at $1813 and currently remains capped here. We suspect that the move back from here will be pretty shallow, but we are essentially neutral at this point.”

Gold has to clear the $1834, highs since July and the $1842, 2020-2021 Hurdle line in order to regenerate upside interest for a recovery to $1858 4th June low. Above here lies the $1917 May 2021 peak.”

Gold Price Reports: Gold Has Lost its Bullish Potential, Current price $1,793

“We have minor support at $1754 ahead of the $1721 September 2021 low. Below $1721, support is found at $1677, and is reinforced by the $1670 June 2020 low.”

“If Break and hold below $1670 would target the 2018-2021 uptrend at $1611.”

Gold Price Analysis: Upside Hurdle $1565 – $1575 – Gold Silver Reports

Gold Price Reports: Gold Hurdle Zone  $1820—$1827 | Neal Bhai Reports via @goldsilverrepor
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