The price increase is still ongoing!
Hello everyone! Let's dive into the gold price movements today!
Currently, gold is on a strong recovery path, reaching $2,354, which is about $15 higher than the same time yesterday. This upward momentum is supported by the weakening of the US dollar. The DXY index has dropped nearly 0.1% from 104.747 to around 104.64 points, creating favorable conditions for this precious metal.
In the short term, gold's target remains to reach the 0.5 - 0.618 Fibonacci retracement levels, which is around the $2,380 area as indicated on the analysis chart.
Currently, gold is on a strong recovery path, reaching $2,354, which is about $15 higher than the same time yesterday. This upward momentum is supported by the weakening of the US dollar. The DXY index has dropped nearly 0.1% from 104.747 to around 104.64 points, creating favorable conditions for this precious metal.
In the short term, gold's target remains to reach the 0.5 - 0.618 Fibonacci retracement levels, which is around the $2,380 area as indicated on the analysis chart.
Trade ist aktiv
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
Ähnliche Ideen
USDJPY
Trader_BrianFX
Premium
about USDJPY