Gold price outlook today.

Brian greets everyone! Today, we can see that gold has unexpectedly turned downwards and is currently trading at $1920.

However, on the 4-hour chart, the metal is still within an upward trend, with a strong support level at $1915. Therefore, there is still a possibility of gold continuing to rise.

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Gold has hit resistance and returned to the price level of 1923 USD

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good luck

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The DXY index (which measures the greenback's fluctuations against six major world currencies) traded at 105.4 points.

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In terms of gold price predictions, Brian believes that the price of this precious metal may retreat within a narrow range of $1,925-$1,916 per ounce, as it has failed to break through the resistance zone of $1,933-$1,935 per ounce.