Trade Alerts
Gold $ spot - 15 September 2020
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Published on 2020-09-15
A moderate bullish bias is applicable above 1960. Technical score: +1
Keep an eye on a potential bullish MACD crossover on the daily time frequency, This might assist the price action for further upside. Downside price momentum remains halted, which supports the bullish trend direction. Only a price action below 1960 will reverse the bullish trend direction. Upside targets: 1990.  Downside targets for a break above 1960 will be 1950-30.
•	Gold got back on the green lane on Monday as a slide in the dollar gave an earlier-than-expected boost to the yellow metal ahead of the two-day meeting of the Federal Reserve.