What is the next goal of gold?
Updated
Hello everyone!
Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce.
On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no news like this, selling at $ 1933 will become more suitable for the purpose of expanding the scale.
Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce.
On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no news like this, selling at $ 1933 will become more suitable for the purpose of expanding the scale.
Note
The price is moving towards the 1940 resistance zone, this is a good entry point to receive a SELL signalNote
good luck traders
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