Hello dear traders!
Currently, the gold market continues to decline after breaking the uptrend line at $1920 and trading at $1911, a decrease of about $5 compared to the morning session.
It can be seen that the recovery of the USD is an important factor affecting this precious metal, causing its price to decline. On the 4-hour chart, we can see that Gold is looking for a new support level at $1903.78 per ounce.