Gold price is at risk of reversing and going up
Updated
Hello dear friends! It's great to see you all again for our conversation today.
Currently, the price of gold decreased by 12.1 USD to 1,925.9 USD/ounce this morning. Gold last traded at 1,951.7 USD/ounce, which is a decrease of 12.9 USD compared to yesterday morning.
We still cannot dismiss the possibility that the price of gold will retest the level of 1,900 USD/ounce
Currently, the price of gold decreased by 12.1 USD to 1,925.9 USD/ounce this morning. Gold last traded at 1,951.7 USD/ounce, which is a decrease of 12.9 USD compared to yesterday morning.
We still cannot dismiss the possibility that the price of gold will retest the level of 1,900 USD/ounce
Note
Gold prices remain bearish despite no latest action in a key trading range.
Related publications
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.