Brian greets you all!
In the trading session of the new week, gold appears to have minimal fluctuations, maintaining its price range at 1923-1935 USD.
This week, the market will receive a series of economic data, including the GDP and Personal Consumption Expenditures (PCE) index of the United States for the second quarter and August. These news will have an impact on gold, providing a fresh perspective on its outlook in the near future.
In the short term, Brian predicts that gold will continue to trade within the range of 1931-1916 USD, with a support level at 1906 USD.
In the trading session of the new week, gold appears to have minimal fluctuations, maintaining its price range at 1923-1935 USD.
This week, the market will receive a series of economic data, including the GDP and Personal Consumption Expenditures (PCE) index of the United States for the second quarter and August. These news will have an impact on gold, providing a fresh perspective on its outlook in the near future.
In the short term, Brian predicts that gold will continue to trade within the range of 1931-1916 USD, with a support level at 1906 USD.
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good luck
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Gold remains an important portfolio diversifier as the Fed continues to pressure the economy to cool inflation.
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With the above information, the business world may speculate that world gold prices still face many difficulties.
