Gold is moving up again
Gold is gaining strength as the US dollar weakens, with momentum picking up 📈. After a brief false breakout below the intraday trading range, Gold might be gearing up for another move upwards 🚀.
From a daily chart perspective, no significant extremum has been established yet, so there's potential for Gold to target 2542 in the near future 💰.
👀 Keep an eye on the FOMC minutes being released later today—this will be a key event that could influence market direction.
From a daily chart perspective, no significant extremum has been established yet, so there's potential for Gold to target 2542 in the near future 💰.
👀 Keep an eye on the FOMC minutes being released later today—this will be a key event that could influence market direction.
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.