Trader_BrianFX

Weekend gold price should be noted?

OANDA:XAUUSD   Emas / Dollar A.S.
Hey there! Quick dive into gold's rollercoaster last week and a peek at the road ahead!

Gold hit a record high, soaring close to $2222, fueled by whispers of Fed rate cuts. But, alas, the rally didn't hold, and a resurgent US Dollar nudged gold down to a close of $2165, despite a slight week-on-week gain.

Next Week's Glimpse: Expect gold to possibly dip further, eyeing a retest of the EMA 89 support at $2148. If it breaks, brace for a sell-off, targeting the $212x zone.

Your take on gold's next move?
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