Hello dear traders! Gold today increased as predicted to nearly $1880. Gold is trading steadily due to the decrease in US Treasury yields caused by the latest FED meeting minutes.
The 1-hour chart shows that after breaking out of the sideways movement last week, Gold made a significant jump to reach $1876 and continues its upward trend, currently trading at $1877.
From a personal perspective, Gold is expected to reach $1900 after touching $1880 today and then face resistance at the previously broken support level before the trend continues.
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