Last week saw the price of Gold fall slightly, following the previous week’s unusually strong rise- trading forextrading
. At one point the Index was trading at a 7-month high, but it quickly sold off and closed the week below the key resistance level shown within the price chart below at 12820.but we are seeing many tech shares making big rises as US inflation continues to fall
It seems that we have some bullish signs, but overall, we are seeing a split stock market with select tech stocks doing well while other sectors are not.fall slightly, following the previous week’s unusually strong rise. This week’s candlestick could be called a near-doji, which suggests indecision.
This week’s candlestick is a doji, which suggests indecision. This is not surprising as the price made a new 11-month high price and has struggled to overcome two key resistance levels near the big round number at $30,000, so I would not say this is a strong sign that the price will make a large decline this week.
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