Samson-FX

Gold maintains the rising momentum

Long
Samson-FX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Currently, the gold market is still trading quiet at 1928 USD with little fluctuations after the Fed information decided to keep the interest rate at 5.25% to 5.50% at the Monetary Policy meeting in September . Gold continues to move in defense levels with fluctuations within $ 1937 resistance and support at 1918 USD.
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good luck traders
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What do you think about gold today?
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Do you traded well?
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Although the gold market is lacking momentum, the investment potential in this precious metal is still good and has a lot of upside potential. He said that the fact that gold maintains a solid support level above 1,900 USD/ounce amid difficult circumstances is a good signal that the market is ready for a new uptrend when the trend reverses.
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good luck everyone.
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