Karina_Bella

Gold - Continues to belong to the Bulls?

Karina_Bella Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello dear friends!

Today, the price of gold is slightly increasing by more than 6 USD at the current time, trading around 2065 USD, marking a 0.3% recovery for the day.

From the technical analysis chart: Gold has formed two peaks near the resistance level of 2077 USD and a support level at 2030 USD. The long-term outlook at the moment still leans mostly towards an upward trend, as indicated by the two EMA 34, 89 lines.

In the coming days, we will receive some significant news, so it is important to closely monitor this precious metal. Karina will update it in upcoming articles. Let's wait for the results!
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