Gold price moves sideways waiting for new news
Let's explore the market with Selena!
Today, the price of gold seems to have not changed much compared to yesterday's trading, with the current price still hovering around $1825. However, at the beginning of today's session, gold saw a slight increase of about 0.27%.
In the short term and based on the 4-hour chart, the risk still leans towards a price decrease, with some technical divergences indicating the possibility of a short-term upward correction at around $1,831.60.
Support levels: $1,815; $1,804; $1,792.
Resistance levels: $1,831; $1,845; $1,858.
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Today, the price of gold seems to have not changed much compared to yesterday's trading, with the current price still hovering around $1825. However, at the beginning of today's session, gold saw a slight increase of about 0.27%.
In the short term and based on the 4-hour chart, the risk still leans towards a price decrease, with some technical divergences indicating the possibility of a short-term upward correction at around $1,831.60.
Support levels: $1,815; $1,804; $1,792.
Resistance levels: $1,831; $1,845; $1,858.
If you find this helpful, please leave Selena a like and follow to give Selena more motivation!
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