OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold did not change much in yesterday's trading session, still keeping a narrow sideway margin around 1.99x as the conflict situation is calming down without any new changes, and Investors also temporarily put aside related news. to conflict and follow economic news ahead of the FED's interest rate meeting in the middle of this week.
In today's trading session, predictions will lean more towards increases until the US economic data is released at 19:30 and 21:00. Therefore, it is likely that we will buy more with a target of 2002, and beyond that is 2009. Consider selling in 2009 - 2010.
Gold is in a sideway accumulation zone during the European session. If there is no break, buy gold in 1990 - 1992. If there is a correction to break through support, buy at 1980 - 1982. Expect 2002 TP. Currently, gold has no signs. reversal, weak market liquidity. Stoch RSI is in the oversold zone.
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