The Mallicast team's analysis of XAUUSD

14 Sep

The global gold analysis by the Mallicast team for the upcoming week indicates that this precious metal still has the potential to continue its upward movement, reaching the price ceiling of 2618.731. However, in the short term, a price correction is expected, which could extend down to 2556.126. This correction might provide an opportunity for investors to enter the market at a more favorable price. Overall, the long-term trend remains bullish, but traders should be aware of potential fluctuations in the gold price during this week.