Gold Spot / U.S. Dollar
Short
Updated

XAUUSD

16 118
Hello Traders! đź‘‹

What are your thoughts on GOLD?

Gold remains below the key resistance zone, experiencing choppy and range-bound movements since last week. As long as the price stays below this resistance level, we expect a potential decline towards the identified support levels.
A break below $2895 could increase selling pressure and open the door for lower targets.

What’s your outlook on gold? Do you think resistance will break?

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