Traders-Nino

XAUUSD Trend

Short
Traders-Nino Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has continued to fall recently, hitting its lowest level in more than three weeks. Several Federal Reserve officials have warned against betting that the central bank will not raise interest rates again, and the weakening demand for gold as a safe haven has also put pressure on gold prices.
Today's analysis shows that 1930 is an important support area for gold. If it falls below, it will usher in a greater decline.
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Today the United States will announce the October CPI annual interest rate, be careful of the roller coaster trend of gold.
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