XAUUSD

Hello traders ,what do you think about GOLD ?Over the past few days, the price of gold has fluctuated within the $2040 to $2010 zone. This precious metal has also broken its trend line in the 4-hour time frame. It is anticipated that following the completion of the pullback to the broken trend line and reaching the specified resistance zone, the price will fall to a determined level. Additionally, today's release of the Personal Consumption Expenditures (PCE) data could be a key driver in the directional movement of gold prices
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Kommentar:

PCE data was released as expected. It seems that we will continue to see the strengthening of the DXY and the fall of gold

Kommentar:

The price was closed in the zone of 2018. In the next week, we expect the specified movement