Can gold price drop to 2000 USD?
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Hello, my beloved friends! 💖✨ Today's meetup is as dazzling as a glint of gold!
Gold today is doing what it does best: keeping our eyes glued to its every move! Trading around 2028 USD, it took a leap just as we anticipated yesterday, after a thrilling retest party at the Breakout area and the EMA ribbon.
👀📉 Let's chat prospects: On the 4-hour chart, gold is performing a downward ballet, with the EMA 34 spotlighting the trend. The support level at 2017 USD is center stage, but if this show ends, we might see gold gracefully dive towards the 2000 USD mark, or even take a bow at the bear’s ideal spot at 1982 USD.
As long as gold keeps dancing below the 2050 USD resistance level, the path downwards is wide open.
What about you? How do you foresee the glittering future of gold prices? Share with me! 🌟📈💃
Gold today is doing what it does best: keeping our eyes glued to its every move! Trading around 2028 USD, it took a leap just as we anticipated yesterday, after a thrilling retest party at the Breakout area and the EMA ribbon.
👀📉 Let's chat prospects: On the 4-hour chart, gold is performing a downward ballet, with the EMA 34 spotlighting the trend. The support level at 2017 USD is center stage, but if this show ends, we might see gold gracefully dive towards the 2000 USD mark, or even take a bow at the bear’s ideal spot at 1982 USD.
As long as gold keeps dancing below the 2050 USD resistance level, the path downwards is wide open.
What about you? How do you foresee the glittering future of gold prices? Share with me! 🌟📈💃
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