Price prospects of Xau
Gold price is still around $ 1,930 in the first trading hours of the European trading session on Thursday. Investors seem to be shifting their attention to the upcoming US data after deciding the recent policy interest rate of the US Federal Reserve (Fed).
From the technical perspective:
Gold is still in the main trend of increasing with strong support. Therefore, I predict a price recovery to increase towards resistance to 1950 USD.
From the technical perspective:
Gold is still in the main trend of increasing with strong support. Therefore, I predict a price recovery to increase towards resistance to 1950 USD.
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