Gold-Tech

๐Ÿฅ‡ GOLD - The price looks good again for further buying

ืœื•ื ื’
OANDA:XAUUSD   ื–ื”ื‘ / ื“ื•ืœืจ ืืžืจื™ืงืื™
Gold is getting stronger amid favorable fundamental background that emerged after the Fed chief's speech. He suggested for the future that they are preparing to cut the interest rate and the high dollar may come down.
Speculators took this as a favorable wind and started buying the asset again

Reasons for further growth โ†‘:

1) The market bought back half of the decline due to the news
2) Consolidation near resistance
3) There is no reason to fall. Strong support is forming at 2030
4) Market dynamics is bullish, dollar is weakening.
5) zone of interest 2050 - 2075
6) It is worth paying attention to levels 2030, 2020 for further purchase of the asset. But there may be a correction before the growth to 2075

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