Trader_BrianFX

XAUUSD - There is still a chance to get back of 2200 USD

Trader_BrianFX מעודכן   
OANDA:XAUUSD   זהב / דולר אמריקאי
Greetings, friends! Curious about the golden gleam of the markets? Let's delve into the world of gold together!

Yesterday, gold prices serenely glided through the day, unaffected by any major market waves in the absence of noteworthy news, with today's price cradling around $2160, signaling a soft resurgence.

The $2145 mark stands firm as a pillar of support for this noble metal during these times. A shift towards a less hawkish stance by the Fed could soften the dollar and depress yields. This shift would likely serve as a catalyst for a revival in the gold market, potentially propelling prices to touch the illustrious $2200 per ounce, once it overcomes the resistance at $2175.
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