Gold creates new peak? XAU BUY?
World gold price:
today was stable with spot gold down 1.7 USD/ounce to 1,931.7 USD/ounce. It can be seen that this precious metal has not changed too much compared to today's trading version. Based on H4 chart analysis, we can see that the price just bounced back to our buy point at 1936 USD.
Assuming that gold is still in an uptrend.
Therefore, there is a high possibility that today's gold trend will continue to increase slightly.
today was stable with spot gold down 1.7 USD/ounce to 1,931.7 USD/ounce. It can be seen that this precious metal has not changed too much compared to today's trading version. Based on H4 chart analysis, we can see that the price just bounced back to our buy point at 1936 USD.
Assuming that gold is still in an uptrend.
Therefore, there is a high possibility that today's gold trend will continue to increase slightly.
Note
good luck traders.Note
In Darius's opinion, there is a high possibility that Gold can still increase in the short term because the Fed has not yet applied to increase interest rates. In that case Gold could return to $1,950 per ounce.
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