RalphBenjaminTrading

Gold price today: Bears still in control

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Ralph Benjamin hello everyone!

Currently, we are continuing to see the continuous upward momentum of XAUUSD, which has reached the level of 2330 USD and is expected to soon reach a new profit-taking mark of 2514 USD as previously predicted.

On the price chart, a bullish trend line has formed with support from the 34 and 89 EMA, showing the potential for XAUUSD to move even higher without any significant reversal. In the coming time, the possibility of price increases will be appreciated without any significant obstacles. Next week is expected to be an exciting week.

Good luck traders.
Trade active
Trade active
Trade active

📣 Join My FREE Channel

Click to join now: t.me/+PfOGYbx-krowZWZl
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.