Rockets Meetup keeping it close to the legal limits 😇

All things being equal, if we do pull back from here, I think there are plenty of buyers underneath that will come in and pick the DAX market up, with a special emphasis on the €16,500 level, which of course is a psychologically important figure, but we also have the 50-Day EMA racing toward that level, and it is the bottom of the flag. #DAX #GERMANY

Based on the performance on the daily chart, the price of gold XAU/USD is still in a neutral position with an upward bias. As mentioned before, the price of gold will remain supported by the increasing global geopolitical tensions and the increase in gold purchases by central banks for hedging. Therefore, any decline in the price of gold could remain an opportunity to buy again. Technically, the closest support levels for gold are $2010 and $1985 per ounce, respectively. In contrast, the bulls will regain control of gold again if prices move towards the levels of $2055 and $2070 per ounce, respectively. #XAUUSD #GOLD #TECHNICALANALYSIS