Gold continues to increase in price
アップデート済
Hello dear readers! I am pleased to join you once again in exploring and discussing today's market.
Currently, the price of gold on the exchange continues to rise steadily, hovering around $1932 USD. This is an increase of approximately $7 USD from the same time yesterday, indicating that gold's attractiveness has not diminished.
This week, the Federal Reserve (FED) will announce new monetary policies and provide updated economic forecasts. Whether interest rates will rise or not will directly impact the price of gold. So let's wait and see for more information.
From a technical standpoint:
Yesterday, gold surpassed the resistance level at $1928 USD and is now at a new resistance level of $1933 USD. The next target for gold is expected to be $1938 USD. At this point, there is a high probability that gold will experience a slight decline before gaining momentum for its next upward trend.
I wish you all good luck in your investments.
Currently, the price of gold on the exchange continues to rise steadily, hovering around $1932 USD. This is an increase of approximately $7 USD from the same time yesterday, indicating that gold's attractiveness has not diminished.
This week, the Federal Reserve (FED) will announce new monetary policies and provide updated economic forecasts. Whether interest rates will rise or not will directly impact the price of gold. So let's wait and see for more information.
From a technical standpoint:
Yesterday, gold surpassed the resistance level at $1928 USD and is now at a new resistance level of $1933 USD. The next target for gold is expected to be $1938 USD. At this point, there is a high probability that gold will experience a slight decline before gaining momentum for its next upward trend.
I wish you all good luck in your investments.
ノート
What do you think about today's gold price?ノート
At this point, gold is expected to decline and find support at $1918 before receiving any latest updates from the Fed to determine stronger moves.ノート
According to the World Gold Council, global gold demand decreased by about 5% year-on-year in the first half of this yearノート
good luck everyoneノート
Today we will have news about gold, please remember to pay more attention to the market
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