Gold Finds Support at 50-Day EMA, Eyes Gradual Rebound Gold prices have found support at the 50-day EMA, suggesting a potential rebound after recent significant sell-offs. The market remains bullish in the long term, supported by an uptrend line and ongoing geopolitical risks, as well as central bank accumulation. While the $2,400 level presents resistance, breaking above it could lead to further gains towards $2,475. Investors are likely to view pullbacks as buying opportunities, indicating a gradual upward movement for gold. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Business Activity Slows to Four-Month Low; Mixed Inflation Signals Emerge READ MORE "Gold Bullion Con" Targeting Gold Owners READ MORE Federal Reserve Adopts Scenario Analysis as Inflation Fight Wavers READ MORE BREAKING: Biden's $5 BILLION Gift Exposed READ MORE Brooklyn Pawnshop Sees Surge in Gold Sales Amid Price Rally READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment