Hello dear friends!
The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day.
Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines.
Resistance level: 2045 USD Support level: 2030 USD.
The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day.
Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines.
Resistance level: 2045 USD Support level: 2030 USD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.