✅ Gold Analysis #XAUUSD
🔸As long as the ounce stays above 1921.9, any low will be a buying opportunity towards 1971, 1981. If it stabilizes above 1981, the next target will be the range of 2012.
🔸 If 1921 is lost, the ounce can go down to 1906.54 and 1895.
Pay attention to these points as well. The latest US inflation data was a decrease yesterday, and this could influence today's decision by the Federal Reserve not to raise interest rates. If, federal reserve (FED) does not increase the interest rate or increases the rate but does not have the desire to increase in July, the bullish scenario will be more likely.
🔸As long as the ounce stays above 1921.9, any low will be a buying opportunity towards 1971, 1981. If it stabilizes above 1981, the next target will be the range of 2012.
🔸 If 1921 is lost, the ounce can go down to 1906.54 and 1895.
Pay attention to these points as well. The latest US inflation data was a decrease yesterday, and this could influence today's decision by the Federal Reserve not to raise interest rates. If, federal reserve (FED) does not increase the interest rate or increases the rate but does not have the desire to increase in July, the bullish scenario will be more likely.