Dear friends, today Gold continues to rise strongly due to its close relationship with the rapidly increasing oil prices. The price of Brent crude has reached over $92 per barrel, while WTI crude has surpassed the $88 per barrel mark.
At the time of writing, Gold is trading around $1948 - $1950. It can be seen that Gold is trading relatively calmly with a stable accumulation level. It is expected that the price of Gold will increase to $1980 in the near future, thanks to the stable trend on the 1-hour timeframe.
What are your thoughts on the future of Gold?