Darius_trader

market certainty or a trap?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi everybody! Are you wondering how the XAUSD price is trading today? Gold prices today tend to increase with spot gold increasing 1.2 USD/ounce to 1,925.3 USD/ounce. XAUUSD is strengthening over the weekend and closed higher than Monday's open. BUT! The dollar is also strengthening and on the chart we see several key factors forming and a key zone that could give us strong signals.
. However, this precious metal has not yet been able to escape the neutral zone. Retail investors are optimistic that prices will increase next week, while market analysts return to a cautious trend.
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