XAUUSD Analysis
According to the publication of economic data last week, it was not far from the prediction that we will see the strengthening of the dollar and weakness in the symbols of the euro, pound and gold.
In this regard, we expected a decrease in the price of the gold symbol last week.
Therefore, our forecast for the coming week in this symbol is still a decrease in the price of gold to the level of 2300 to 2250, and we expect that the upward movement of gold will start from the areas indicated in the chart above, and due to the war conditions in the region, we still expect growth. We have gold in price.
In this regard, we expected a decrease in the price of the gold symbol last week.
Therefore, our forecast for the coming week in this symbol is still a decrease in the price of gold to the level of 2300 to 2250, and we expect that the upward movement of gold will start from the areas indicated in the chart above, and due to the war conditions in the region, we still expect growth. We have gold in price.
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