Hello everyone, currently the gold price is still fluctuating around 2300 USD and has not changed much compared to previous sessions.
This metal is in the process of accumulation, waiting in a narrowing wedge pattern, preparing for a new trend while the market is eagerly awaiting information from the Non-Farm report. A breakthrough will be an important signal for gold's next move.
Technically, the outlook is somewhat bearish, but we will update more information when there are official results to have a clearer view.
Wishing everyone happy and successful trading!
This metal is in the process of accumulation, waiting in a narrowing wedge pattern, preparing for a new trend while the market is eagerly awaiting information from the Non-Farm report. A breakthrough will be an important signal for gold's next move.
Technically, the outlook is somewhat bearish, but we will update more information when there are official results to have a clearer view.
Wishing everyone happy and successful trading!
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