The US dollar is gradually recovering. The market is facing fear when the news that the Fed will continue to raise interest rates appears. Gold price has broken out of a volatile contraction pattern and is predicted to produce a vertical drop. A daily close below the 100-day support is needed to continue the correction to the March 17 low of $1918. Deeper decline could challenge the $1,900 level. The latest new resistance was formed at the polar region $1942-$1945. $1933-$1935 has been broken, zone $1920 will be retested. We will wait for the next CB data news and price reaction to see the market next day.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.