Gold prices continue to rise ?

Hello everyone! Today, XAUUSD (gold) is on the rise again, buoyed by ongoing expectations of a Fed rate cut. After successfully overcoming two significant resistance levels, gold continues to hold firm on its upward trajectory, establishing a new support zone following a period of consolidation in recent days.

The outlook remains bullish as long as the bulls can firmly maintain the $2150 USD support level.

Trade active

Comment:

Trade closed: target reached