Gold continued to decline on the first day of the week
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Hello dear friends!
The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day.
Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines.
Resistance level: 2045 USD Support level: 2030 USD.
The price of gold has decreased by nearly 15 USD since the last closing of trading, marking a 0.74% decline for the day.
Currently, this precious metal is in a state of uncertainty as investors try to predict the next move of the Federal Reserve. For short-term trades, gold still leans towards a price decrease, based on the reversal signals from the 34 and 89 EMA lines.
Resistance level: 2045 USD Support level: 2030 USD.
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gold downNote
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