Gold price today: precious metals continue to decrease

Hello dear friends, I am Selena! It's a pleasure to be with you in this market.
Currently, the gold market is trading around $1910 with little change from the previous trading session. The price of gold has not been able to break out as consumer prices rose higher than expected last month and the US dollar continued to strengthen across Asia.
From a technical standpoint, when observing the 4-hour chart, gold is moving sideways and below both the 34 and 89 EMA lines, indicating a downtrend. Therefore, our main focus for today's trading remains on selling.
Wishing you all good luck.
Currently, the gold market is trading around $1910 with little change from the previous trading session. The price of gold has not been able to break out as consumer prices rose higher than expected last month and the US dollar continued to strengthen across Asia.
From a technical standpoint, when observing the 4-hour chart, gold is moving sideways and below both the 34 and 89 EMA lines, indicating a downtrend. Therefore, our main focus for today's trading remains on selling.
Wishing you all good luck.
Nota
American CPI in August increased by 3.7% over the same period last year and the core CPI increased by 4.3% in the same periodNota
Wishing you a smooth and successful transactionNota
Gold has dropped to the price range of 1905 USDNota
After many consecutive days of decline, today's world gold price has increased again when US economic data improves, the European Central Bank (ECB) may stop raising interest rates.Nota
gold upPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.