Hello dear readers! Currently, the price of gold is trading at $1,920 per ounce on the market, with a slight downward trend.
Despite the US dollar reversing its decline in the first session of the new week, precious metals are still stuck in a downward price trend.
It is predicted that in the near future, the price of gold will be within a resistance range from $1,935 to $1,940 per ounce. If gold surpasses this level, it could reach $1,950 per ounce.
Despite the US dollar reversing its decline in the first session of the new week, precious metals are still stuck in a downward price trend.
It is predicted that in the near future, the price of gold will be within a resistance range from $1,935 to $1,940 per ounce. If gold surpasses this level, it could reach $1,950 per ounce.
Note
good luck everyoneNote
Bond yields remain the main driving force affecting gold.
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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.