XAUUSD - Will it end the week up or down?
Hello dear friends!
On the last day of this week's trading session, gold had a gentle recovery with the price fluctuating near 2030 USD and marking an increase of 0.33% on the day.
However, it also encountered immediate resistance in this area along with the operating zone of EMA 34, 89. The price could fall back to 2010 USD if news at the end of the day is released in support of the USD. .
On the contrary, if the price successfully breaks out of that resistance level, it will open up a strong increase opportunity for buyers with a target of 2055 USD.
Which direction do you think gold will choose to move?
On the last day of this week's trading session, gold had a gentle recovery with the price fluctuating near 2030 USD and marking an increase of 0.33% on the day.
However, it also encountered immediate resistance in this area along with the operating zone of EMA 34, 89. The price could fall back to 2010 USD if news at the end of the day is released in support of the USD. .
On the contrary, if the price successfully breaks out of that resistance level, it will open up a strong increase opportunity for buyers with a target of 2055 USD.
Which direction do you think gold will choose to move?
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