Hello dear friends !
Gold price today is trading around 2040 USD and has not changed much compared to yesterday. Up to now, the main trend of gold is still down with sideways in the short and medium term with resistance level 2050 USD and support level 2030 USD.
At the end of the day when non-farm payrolls are announced, gold is likely to fluctuate more quickly like other weekends.
-In case the news continues to support the USD, gold will break the support level and drop quickly to 2015 USD.
- In the second case, the resistance level is broken by the buyers and gold will have a chance to reach the peak of 2065 USD.
And you, which direction do you think gold will move in? Let's wait with Karina!