The price of gold (XAU/USD) remains at a low point for the week, recovering from a three-day decline near $1,937. Investors are getting ready for an important event this week, which is the bi-annual testimony of Fed Chair Jerome Powell. It's important to mention that negative news about China, along with the Federal Reserve's hawkish stance and positive data from...
Chart speaks for itself, only thing I would mention is that we are in a bullish channel trend check on 4hr. However, price may fall to 1810. whatever happens, I called it. Happy friday!
