XAUUSD: What matters is the news tonight?
Updated
Dear friends, what are your thoughts on the upcoming trend of Gold in light of the significant news affecting it?
Currently, the price of gold is still trading steadily around $2040 USD, with little change from yesterday. The overall trend of gold remains bearish, with immediate resistance at $2050 USD. At the end of the day, the United States will release the Non-Farm Payroll report, which is quite important for gold as it may provide us with a fresh perspective on whether gold will continue to decline or rebound.
Currently, the price of gold is still trading steadily around $2040 USD, with little change from yesterday. The overall trend of gold remains bearish, with immediate resistance at $2050 USD. At the end of the day, the United States will release the Non-Farm Payroll report, which is quite important for gold as it may provide us with a fresh perspective on whether gold will continue to decline or rebound.
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Note
Developments in the Middle East are also of interest to investors. Experts say that gold may see increased shelter demand if the situation becomes more tense.Note
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