XAUUSD: Uptrend continues at 2366 USD
Hello dear friends!
Overall, XAUUSD has experienced significant fluctuations with price increases surpassing the $2366 mark. It is currently trading at a new high of $2,381, after hitting $2,431, marking a 0.09% gain on the day.
Recently, gold has had difficulty maintaining its peak of $2,431. Gold's upward momentum is hindered by many factors, including news factors.
As long as the indicated uptrend channel holds, $2500 remains the market's focus this year, supported by lingering geopolitical risks in the Middle East.
Overall, XAUUSD has experienced significant fluctuations with price increases surpassing the $2366 mark. It is currently trading at a new high of $2,381, after hitting $2,431, marking a 0.09% gain on the day.
Recently, gold has had difficulty maintaining its peak of $2,431. Gold's upward momentum is hindered by many factors, including news factors.
As long as the indicated uptrend channel holds, $2500 remains the market's focus this year, supported by lingering geopolitical risks in the Middle East.
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