NicoTradingMaster

GOLD: Gold price trend today

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
The technical outlook for gold is quite optimistic, especially when the FED's actions are showing that they will have a high possibility of cutting interest rates. That will have a positive impact on gold.
Gold in today's session will increase to the 2070 threshold, but then will decrease again. Optimism about gold price increases is still very promising, when investors are betting that the FED will move to cut interest rates.
Comment:
GOLD BUY 2045 - 2048

TP1: 2053
TP2: 2058

SL: 2035
Comment:
⚠️ Limit XAUUSD ⚠️

💵 SELL 2068>2070💵
❌SL 2075
✔️TP 2062>205x

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