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Back Technical analysis
Trading Signals for GOLD on October 28-30, 2026: buy above $4,023 (21 SMA - 0/8 Murray)
Gold is trading around $4,045 during
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Gold is trading around $4,045 during Wednesday's US session, above the 21-period simple moving average (SMA) and the +1/8 Murray level, and is undergoing a technical correction following the strong momentum seen during Tuesday's US session.Since gold is consolidating above the psychological $4,000 level and above the 21-period simple moving average (SMA), we would expect price action to help it break above the 1/8 Murray level, around $4,062. Thereafter, we could anticipate a strong upward move toward the 1/8 Murray
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Dimitrios Zappas,
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