Chouu
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Chouu
Hello Everyone ! The price of gold continues to increase significantly, rising from 2065 USD to nearly 2085 USD. The precious metal continues to be supported as there is no news regarding the gold trend published this week. Gold is receiving strong support as investors aim to push its price to record highs in the final days of the year and in 2024. With the resistance level of 2070 broken, this will be an important milestone for the next surge in gold, followed by the level of 2077. The target for this price increase will be the psychological resistance zone of 2100 USD.Trade active
Chouu
Golden strategy today! Hello everyone, today gold is moving around the level of 2065 USD and still maintaining stability for the last recovery phase of 2023. Although this precious metal couldn't surpass the resistance level of 2070 USD yesterday, the upward momentum is still preserved as the trendline indicates an upward trend. With a breakout above the resistance level of 2070 USD, gold is likely to increase even more as the market has bet on a reduction in interest rates in 2024, and gold may establish a new record high. Wishing you happy and successful trading. Please leave your comments below in the comments section!Trade activeComment: The main factor supporting gold is still expecting central banks to be more peaceful in monetary and interest rates in the next few years.Comment:
Chouu
Gold price today has just opened the session after the holiday but quickly increased the price of USD 10 from 2053 USD - 2063 USD. Gold surpassed the $ 2047 resistance and made good use of this new support level to continue setting up prices. It is expected that this metal still increases more at least up to 2087 USD when the market is still supporting the Fed cutting interest rates, thereby creating motivation for gold prices to go up.Trade activeComment:Comment:
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