DNA_BrianTrading

Gold price outlook today.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Brian greets everyone! Today, we can see that gold has unexpectedly turned downwards and is currently trading at $1920.

However, on the 4-hour chart, the metal is still within an upward trend, with a strong support level at $1915. Therefore, there is still a possibility of gold continuing to rise.
Comment:
Gold has hit resistance and returned to the price level of 1923 USD
Comment:
good luck
Comment:
The DXY index (which measures the greenback's fluctuations against six major world currencies) traded at 105.4 points.
Comment:
In terms of gold price predictions, Brian believes that the price of this precious metal may retreat within a narrow range of $1,925-$1,916 per ounce, as it has failed to break through the resistance zone of $1,933-$1,935 per ounce.

Join the community group for the earliest support on short scalping and trading strategies!

✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%

FREE Chanel Signals: t.me/DNATradingForex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.