XAUUSD Forecast

The readiness of the bears at the level of $1905.32 in the gold

➕ In continuation of yesterday's analysis, in the last 24 hours, the dollar index reached the current price from the support level of $1,900 to the current price, which is supported by the downward regression channel, and our sale transaction that took place on August 14 at the price of $1,909.90 in the channel vip introduced has maintained a potential profit of $38.

➕ To continue, according to the FOMC meeting which is expected at 21:30 tonight, we expect the sellers to take control of the price from the current range that is resisted by the trend line of the regression channel and the price of the ounce at the end reduce to the range of $1890 today.

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