How is the GOLD TREND today? The overall price of gold has decreased by -0.67% in the last 24 hours, corresponding to a decrease of -15.54 USD/Ounce.
Gold prices continue to decline after the Federal Reserve's announcement of a one-time interest rate cut this year, as inflation remains below the 2% target.
This decrease may reflect profit-taking by investors after a recent uptrend in prices.
The MACD indicator shows signs of short-term price decline. The RSI indicator may also indicate that the market is oversold.
Gold prices still have the potential for short-term declines due to uncertain global economic and political factors.
Do you have any other opinions?