XAUUSD - Breakthrough price increase
Greetings, fellow traders! Yesterday, we witnessed a robust surge in gold prices, leaping from $2160 to near the $2200 mark—a swift $40 increase—propelled by a weakening USD and supportive market news favoring this esteemed metal.
Currently, gold's price is pausing at $2179, following an upward trajectory. However, I anticipate a period of adjustment after this rapid ascent, possibly testing the upper trendline as indicated in our analysis.
What are your projections for this precious metal's movement? Let's discuss and share insights!
Currently, gold's price is pausing at $2179, following an upward trajectory. However, I anticipate a period of adjustment after this rapid ascent, possibly testing the upper trendline as indicated in our analysis.
What are your projections for this precious metal's movement? Let's discuss and share insights!
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