Karina_Bella

Gold in the last week of 2023!

Karina_Bella Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello dear friends! What do you think about the upcoming gold trend?

Currently, gold continues to maintain its strong upward momentum, trading steadily at a high price level of around 2065 - 2066 USD.

In the last week of 2023, gold may experience a period of calm amidst low trading volume. However, the prospects still lean towards an increase as gold performs well in the upward price channel and the market speculates that the Fed will lower interest rates in 2024, providing additional motivation for this precious metal to recover.

And what about you? Are you waiting for gold to increase even further in price?
Trade active
Trade closed: target reached
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.