Gold Spot / U.S. DollarUpdated Gold price today: The risk of price decline still remains
Hello dear friends. As mentioned in yesterday's article, gold, despite showing signs of price increase from Tuesday's news, still needs to consider two levels: 1960 and 1945 USD. The support level of 1960 USD has been broken, and gold is now on a journey to find new recovery momentum below the lower level of 1945 USD, possibly around 1936. We can establish a BUY position at these two price levels if today's news continues to be negative for gold.
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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.