Hello,
We began the trading week on a positive note, achieving a significant victory with a take profit at 1930! It's worth noting that there is a chance of reaching 1938, but only if there is upward movement beyond 1931. Currently, there is a strong likelihood of a decline in price. Since the Federal Reserve is not expected to reduce interest rates, the dollar is likely to strengthen further, potentially causing a drop in gold prices. If the price breaks below 1912, it will likely move towards 1902. Nevertheless, despite these factors, the long-term outlook remains Bullish.
Trade with care