The whole market is waiting for gold to increase in price
🌼XAUUSD's chart shows that the precious metal is trending upward.
🌼The US dollar weakened as upbeat data from the United States prompted a move to ignore negative views from European partners.
🌼Gold capitalized on safe-haven demand amid escalating geopolitical tensions and gathered bullish momentum to start the new week. As US Treasury yields eased on dovish Fed expectations, XAU/USD extended its rally and ended a two-week losing streak.
🌼The 1932 resistance zone will be broken soon
🌼The US dollar weakened as upbeat data from the United States prompted a move to ignore negative views from European partners.
🌼Gold capitalized on safe-haven demand amid escalating geopolitical tensions and gathered bullish momentum to start the new week. As US Treasury yields eased on dovish Fed expectations, XAU/USD extended its rally and ended a two-week losing streak.
🌼The 1932 resistance zone will be broken soon
Comment:
Correct strategy according to analysis. Gold price has broken through the 1932 price range
Comment:
near reach target 1950
