Gold continues to leave the $ 2000 area

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Hello Karina's friends!

So, gold has cooled off after yesterday's news was announced, moving away from the $2000 mark and trading around $1980 at the start of today's session, experiencing a 0.18% decrease throughout the day.

With the US Dollar outperforming its major counterparts ahead of the highly anticipated Fed policy announcements on Wednesday, gold has been pushed into a difficult position and continues its downward trend.

The current support level may help gold recover in the short term, currently sitting at $1950, which is also near the operating range of the EMA 89. We can expect gold to increase in value from this resistance level.
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