Dear friends,
Gold prices have decreased by nearly $15 since the last trading session, marking a 0.74% drop for the day.
Meanwhile, the precious metal remains unstable as investors try to predict the next move by the Federal Reserve. Therefore, overall sentiment among gold traders still leans towards a downward trend based on signals from the 34 and 89 EMA lines.
Resistance level: $2045 Support level: $2030
Gold prices have decreased by nearly $15 since the last trading session, marking a 0.74% drop for the day.
Meanwhile, the precious metal remains unstable as investors try to predict the next move by the Federal Reserve. Therefore, overall sentiment among gold traders still leans towards a downward trend based on signals from the 34 and 89 EMA lines.
Resistance level: $2045 Support level: $2030
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