Gold price breaks the trend and continues the uptrend

Hello everyone, let's explore the market with Selena today!

Currently, the price of gold has started to increase slightly, with gold currently trading around $1927 per ounce. This indicates that the price of gold is maintaining a stable level despite facing tensions between the monetary policy trends of the Federal Reserve and potential economic recession risks.

However, today gold will still experience a slight rebound towards the support level at $1915 in order to gain momentum for future price increases.

Wishing you all successful trading!

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good luck everyone

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Gold prices are falling

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Yesterday, gold surpassed the resistance level at $1928 USD and is now at a new resistance level of $1933 USD. The next target for gold is expected to be $1938 USD. At this point, there is a high probability that gold will experience a slight decline before gaining momentum for its next upward trend.
I wish you all good luck in your investments.