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 The Great American Housing Squeeze: Construction Costs Out of Reach for Most READ MORE Goldman Sachs: Gold Prices Are Forecast To Rise 6% in the Next 12 Months READ MORE Geopolitical Strains Fail to Boost Oil Prices as Markets React Cautiously READ MORE Oil Prices Waver Amid Economic Uncertainty and Interest Rate Speculation READ MORE Historical Data Challenges Assumptions About Rate Cuts and Market Gains READ MORE Add a Comment Cancel replyYour email address will not be published.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