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Gold (15-min chart) shows a strong rebound after a sharp drop, forming higher highs and lows. Now trading near $3,302, bulls face key resistance—watch for a breakout or pullback.
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Gold (XAUUSD) is bullish, trading at $3,015.49, with a breakout above the upper Bollinger Band and an RSI of 62.93. Potential for further gains, but resistance near $3,025.
💰Gold price finds its feet above $3,000 after hitting one-month lows early Monday.
💵 US recession fears and dovish Fed bets again drag the US Dollar and US Treasury yields lower.
📊 Technically, Gold price remains a ‘buy-the-dips’ trade so long as 50-day SMA at $2,944 holds.
But trading is not just about the technicalities. It's also about managing your emotions and developing a trading mindset that sets you up for success. We will provide you with tips and tricks for staying disciplined, managing risk, and overcoming common psychological pitfalls.
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@KrosineL@Quora The volatility of a stock is the fluctuation of price in any given timeframe. In the developed markets volatility tends to be much lower and doesn’t exceed 20-30% during the quiet periods. To More about sgx & klse stocks visit our website: https://t.co/qp60yZnMOY