{"id":174132,"date":"2020-07-28T17:44:55","date_gmt":"2020-07-28T21:44:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=174132"},"modified":"2020-07-28T18:46:45","modified_gmt":"2020-07-28T22:46:45","slug":"technicals-support-golds-rise-us2000-is-next-resistance","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/technicals-support-golds-rise-us2000-is-next-resistance\/","title":{"rendered":"Technicals Support Gold\u2019s Rise, US$2,000 is Next Resistance"},"content":{"rendered":"<div id=\"inves-2326699514\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 28, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.thetechnicaltraders.com\/237.html\" target=\"_blank\" rel=\"noopener noreferrer\"><u>TheTechnicalTraders<\/u><\/a><\/strong><\/p>\n<p>The gold price has been on a tear for the last week or so, rising from around US$1,800 per ounce to above US$1,970.<\/p>\n<p>The yellow metal\u2019s swift increase has taken it through the crucial US$1,900 level and past its previous all-time high of around US$1,920, set in 2011.<\/p>\n<p>But is gold\u2019s ascent sustainable from a technical standpoint? According to Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, the answer is \u201cyes,\u201d and there are more gains in store for the precious metal.<\/p>\n<p><center><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/-eu7CX-hsaE\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/center><\/p>\n<h4 class=\"has-text-align-center\"><a href=\"https:\/\/bit.ly\/tech-ttt\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Get Technically Proven Trading Signals for Stock Indexes, Sectors, and Commodities - Click Here (opens in a new tab)\">Get Technically Proven Trading Signals for Stock Indexes, Sectors, <\/a><br \/>\n<a href=\"http:\/\/www.thetechnicaltraders.com\/#products\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Get Technically Proven Trading Signals for Stock Indexes, Sectors, and Commodities - Click Here (opens in a new tab)\">and Commodities \u2013 Click Here<\/a><\/h4>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders The gold price has been on a tear for the last week or so, rising from around US$1,800 per ounce to above US$1,970. The yellow metal\u2019s swift increase has taken it through the crucial US$1,900 level and past its previous all-time high of around US$1,920, set in 2011. But is gold\u2019s ascent sustainable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-174132","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=174132"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174132\/revisions"}],"predecessor-version":[{"id":174133,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/174132\/revisions\/174133"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=174132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=174132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=174132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}