Commodities Analysis and Opinion
Gold to Pause at $2000 Resistance?
2023.10.23 05:54
www.investing.com/analysis/gold-to-pause-at-2000-resistance-200642952
Gold to Pause at $2000 Resistance?
By Jordan Roy-Byrne, CMT | Oct 23, 2023 04:03AM ET
Gold has rocketed higher in recent weeks and hit $2000 on Friday before backing off a bit. Gold is overbought which is bullish but in the short term it likely pauses or corrects. Look for support at $1940 and $1920.
