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Investors are waiting for new clues

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD prices have been pushed up several times to reach new highs while also encountering new resistance, and are now in a retracement phase. More investors are waiting for new clues to judge the future price trend, and it is important to know that holding physical gold does not bring us more interest income. Recently the dollar is not strong anymore and the market pattern seems to have changed, so the market situation is now more complex and the analysis of its trend needs more consideration, which makes trading decisions more difficult.

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