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Gold - 4 Hourly

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Gold - 4 Hourly - bullish momentum provided support holds at $1,925

Technicals

Despite rises in interest rates, gold is holding up pretty well, which would indicate uncertain times ahead. On the downside, support sits at the trendline at $1,925. A break here could see gold test $1,917 and then $1,900. Towards the upside, initial targets are $1,973 followed by the $2,000 level. A nice break above here takes up back to the highs of $2,070. A clear trendline holds RSI isn't overbought and MACD is positive.


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