Spot Gold $1600 To 1720 Full Target Done- Profit $120 Points – Big Profit, Just 1 Single Tips

Spot Gold Above $1724 level no shorts, Big rally on chart. We see $1737 —— $1770 Very Very Soon.

Above $1724 level, Only Blast

GOLD COMEX TRADING TIPS : Gold Spot Rockhard Support Level $1550 Target $1640—$1720 – Neal Bhai

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#Gold Spot Rockhard #Support #Level $1550 Target $1640—$1720 – #Neal #Bhai#goldsilverreports #nealbhai #goldtips #mcxtips #comexgold #goldtips #goldcall #gold #report

— Gold Silver Reports (@goldsilverrepor) April 2, 2020

Technical Analysis

A short-term trend is upward sloping as the 10-day moving average has crossed above the 50-day moving average. Short term momentum is positive as the fast stochastic generated a crossover buy signal.

The trajectory of the fast stochastic is upward sloping which points to higher prices. The current reading of the fast stochastic is 94, above the overbought trigger level of 80 which could foreshadow a correction.

Medium-term momentum has also turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. The MACD histogram also generated a crossover buy signal, and now the trajectory is moving higher which reflects accelerating positive momentum.