XauUSD - Maintain a good increase in 1980 USD

업데이트됨
Hello everyone!

Today, gold has seen a slight increase in price as people speculate that the Federal Reserve (Fed) will have a softer monetary policy. As a result, the value of the USD has cooled off a bit.

However, the upward momentum of gold has been restrained as the USD continues to rise due to the challenging economic conditions in many countries and the tendency of their central banks to loosen monetary policies.

At the time of writing, the price of gold is trading at $1988. The resistance level is seen at $1992, and there is a possibility that gold will retreat from this level and seek support around $1972. If it respects this support level, there is a potential for gold to increase towards the medium-term target of $2005 by next year.
액티브 트레이드
노트
Gold does not react to weak work data because the market is still interested in the decision of policies and views of the US Federal Reserve (Fed) recently.
노트
Gold continues to increase? XAU!!
노트
Gold recovered in the short term
ForexGoldHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisXAUUSD

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