Gold continues its uptrend 18/9
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Hello dear friends!
So, we have just completed a week of trading with the gold price ending at 1930 USD. Today, on September 18th, gold is still starting a new trading session with a relatively high price of around 1930 USD at the time of writing.
However, gold is still unable to break free from the neutral zone as this week, the market will focus on the Federal Reserve's interest rate decision on Wednesday afternoon to gain more information about Fed's future actions and its impact on gold prices in the future. Therefore, gold today cannot have strong breakthroughs.
Selena wishing you all a happy new week!
So, we have just completed a week of trading with the gold price ending at 1930 USD. Today, on September 18th, gold is still starting a new trading session with a relatively high price of around 1930 USD at the time of writing.
However, gold is still unable to break free from the neutral zone as this week, the market will focus on the Federal Reserve's interest rate decision on Wednesday afternoon to gain more information about Fed's future actions and its impact on gold prices in the future. Therefore, gold today cannot have strong breakthroughs.
Selena wishing you all a happy new week!
Note
What do you think about gold prices this week? Comment to let Selena know!Note
I wish you a favorable transactionNote
Gold prices are fallingNote
Yesterday, gold surpassed the resistance level at $1928 USD and is now at a new resistance level of $1933 USD. The next target for gold is expected to be $1938 USD. At this point, there is a high probability that gold will experience a slight decline before gaining momentum for its next upward trend.I wish you all good luck in your investments.
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