The Federal Reserve's upcoming interest rate decision in March may have a certain impact on the international gold price trend this week. From a technical point of view, after the international gold price has risen sharply for three consecutive weeks, there is still a short-term need for correction and rest. This week, we will focus on the long-short competition at US$2,150/ounce. If it remains stable, it is expected to hit US$2,185~2,200/oz again. On the downside, we will focus on the support in the range of US$2,135~2,115/oz.
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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.