gold<\/a> markets rallied rather significantly during the course of the trading session on Tuesday in the early hours. We are well above the $2,900 level, and now it looks like we could make a run towards the highs again, right around $2,950. Breaking above there then opens up the possibility of reaching the target of $3,000, an area that I think a lot of people are aiming for anyway. And of course, an area that I think when we get there will attract a lot of headlines, probably options, trading, et cetera.<\/p>\nSo, with all of this, I remain bullish long-term, and I look at gold as a market that when it does fall, it\u2019s offering value. The 50-day EMA sits just above the $2,800 level and I think that is a support level as well. So, it\u2019s really not until we break down below that region that I would be concerned about the overall uptrend.<\/p>\n<\/div>\n
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[ad_1] Gold Markets Technical Analysis The gold markets rallied rather significantly during the course of the trading session on Tuesday in the early hours. We are well above the $2,900 level, and now it looks like we could make a run towards the highs again, right around $2,950. Breaking above there then opens up the possibility of reaching the target of $3,000, an area that I think a lot of people are aiming for anyway. And of course, an area that I think when we get there will attract a lot of headlines, probably options, trading, et cetera. So, with all of this, I remain bullish long-term, and I look at gold as a market that when it does fall, it\u2019s offering value. The 50-day EMA sits just above the $2,800 level and I think that is a support level as well. So, it\u2019s really not until we break down below that region that I would be concerned about the overall uptrend. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":37405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-37404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/37404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=37404"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/37404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/37405"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=37404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=37404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=37404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}