Doolz_GLD

Gold Price After BREAKING $2030

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold Price Analysis for the Week of 26/2 - 1/3/2024

• Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news.

• The XAU/USD is currently trading at $2,038, showing a 0.70% increase.

• Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above it.

• Based on technical analysis, NOVA identifies key resistance at $2050 and support at $2030, $2016, and $2000.
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