WSJ
03 Jun 2026, 01:05 UTC · 3h ago
Gold Futures' Technical Backdrop Likely Improved, Charts Show
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WSJ
03 Jun 2026, 01:05 UTC · 3h ago
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2 claims · impact-rated
Gold futures prices have repeatedly found strong support around $2,400 an ounce. — Established price floors reduce downside risk and encourage buyers to enter positions.
+0.40Momentum indicators for gold are beginning to turn higher. — Positive momentum shifts often signal the start of a new bullish trend to technical traders.
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