Hello dear friends!
Today, the price of gold did not experience significant fluctuations compared to the same time yesterday, mainly staying around the level of $2030.
From the analysis chart, we can see that the Bollinger band indicator is narrowing, indicating that gold is unlikely to have any strong breakthrough at this moment.
The immediate resistance level is $2037 and the support level is $2025. It is expected that the sideways movement will continue until the end of the day before the release of Non-Farm Payroll and unemployment rate news.
If it is positive news for the USD, gold is likely to quickly reach the level of $2015 and possibly even $2010.
Today, the price of gold did not experience significant fluctuations compared to the same time yesterday, mainly staying around the level of $2030.
From the analysis chart, we can see that the Bollinger band indicator is narrowing, indicating that gold is unlikely to have any strong breakthrough at this moment.
The immediate resistance level is $2037 and the support level is $2025. It is expected that the sideways movement will continue until the end of the day before the release of Non-Farm Payroll and unemployment rate news.
If it is positive news for the USD, gold is likely to quickly reach the level of $2015 and possibly even $2010.
Trade active
Trade closed: target reached
