Gold Spot / U.S. Dollar
Short
Updated

XAUUSD analyze

95
snapshot
Gold is facing solid resistance at $1945.20 an ounce, waiting for the price of gold to gain some momentum to help push the price above this level and open the way for a new uptrend in the price of gold. In this case, the first bullish target for gold is $1960.00/oz, and the higher target is $1977.25/oz. Failure to break through $1,945.20 an ounce and fall below $1,938.50 an ounce would halt the expected uptrend and turn the outlook for gold to bearish.
Note
Gold falls as expected

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