Gold continues to leave the $ 2000 area
Actualizado
Hello Karina's friends!
So, gold has cooled off after yesterday's news was announced, moving away from the $2000 mark and trading around $1980 at the start of today's session, experiencing a 0.18% decrease throughout the day.
With the US Dollar outperforming its major counterparts ahead of the highly anticipated Fed policy announcements on Wednesday, gold has been pushed into a difficult position and continues its downward trend.
The current support level may help gold recover in the short term, currently sitting at $1950, which is also near the operating range of the EMA 89. We can expect gold to increase in value from this resistance level.
So, gold has cooled off after yesterday's news was announced, moving away from the $2000 mark and trading around $1980 at the start of today's session, experiencing a 0.18% decrease throughout the day.
With the US Dollar outperforming its major counterparts ahead of the highly anticipated Fed policy announcements on Wednesday, gold has been pushed into a difficult position and continues its downward trend.
The current support level may help gold recover in the short term, currently sitting at $1950, which is also near the operating range of the EMA 89. We can expect gold to increase in value from this resistance level.
Operación activa
Nota
18h30 we receive news from the Fed, please remember
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.