Gold maintains the rising momentum
Currently, the gold market is still trading quiet at 1928 USD with little fluctuations after the Fed information decided to keep the interest rate at 5.25% to 5.50% at the Monetary Policy meeting in September . Gold continues to move in defense levels with fluctuations within $ 1937 resistance and support at 1918 USD.
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Although the gold market is lacking momentum, the investment potential in this precious metal is still good and has a lot of upside potential. He said that the fact that gold maintains a solid support level above 1,900 USD/ounce amid difficult circumstances is a good signal that the market is ready for a new uptrend when the trend reverses.Catatan
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