Hello dear friends!
On the last day of this week's trading session, gold experienced a gentle recovery with prices fluctuating around $2030, marking a 0.33% increase for the day.
However, it also faced immediate resistance at this level, along with the activity zone of the 34th and 89th EMA. The price may retreat to $2010 if there is end-of-day news supporting the USD.
Conversely, if the price successfully surpasses that resistance level, it will open up strong buying opportunities with a target of $2055.