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RKarina

How is gold trading today?

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
RKarina Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Technical Indicators XAUUSD Gold optionsstrategies intradaytrade signals Technical Analysis longsetup
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trendanalysis harmonicpatterns indicator xauusd gold optionsstrategies intradaytrade signals technicalanalysis longsetup
Dear friends,

Currently, the price of Gold is not experiencing significant fluctuations, mainly hovering around the $2030 mark and still stuck in a downward trend.

Regarding our trading strategy for Gold: On the analysis chart, Gold is being limited below the resistance level of $2036 and is confluencing with two EMA lines, further supporting the downward trend. Therefore, we will prioritize Sell orders with a profit target at the defensive level of Bulls in 2020 - $2017.

Wishing you good luck!
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