Gold Market Analysis for August 23 - Key Intra-day Price Entry Levels for Active Traders

This article promotes a 5-minute bar chart for Comex gold futures as a valuable tool for active intra-day gold futures traders, providing key moving averages and potential buy and sell price entry points.

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9/2/2023

The second week of gains in gold futures confirms a piercing line

Gold futures have seen two consecutive weeks of gains and have formed a bullish reversal pattern known as a piercing line, suggesting that gold could potentially reach or exceed $2000 per ounce in the near future.