Gold price receives some support as the US Dollar weakens slightly. The USD has been struggling to gain momentum despite a recent recovery, and this is partly due to a decline in US Treasury bond yields. Additionally, concerns about the impact of the failed mutiny in Russia have also contributed to the rise in the safe-haven appeal of Gold. Notably, Russian mercenaries briefly seized the city of Rostov before retreating after reaching a deal for their safety and the exile of their leader, Yevgeny Prigozhin, to Belarus.
Gold price has now recovered to above $1920 mark, specifically at $1925
Can BUY zone at:
BUY ZONE 1913 -1915 entry 1, BUY zone 1903 -1905 SL 1892
Technical indicators analysis EMA 34, EMA 89. Strong support at $1903 - $1900