Hi everybody! Gold prices are attracting some buying interest today for the third straight day on Monday and gradually rebounding to the $1938 resistance zone. XAU/USD could look to build on the recent decent recovery from the $1900 figure.
Technically broke the downtrend and aimed higher at 1938, 1945 and eventually 1950 USD.
Technically broke the downtrend and aimed higher at 1938, 1945 and eventually 1950 USD.
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Gold is moving in the right direction
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Currently, gold prices increased slightly with spot gold increasing by 8.1 USD/ounce to 1,933.4 USD/ounce.
