XAUUSD 2/1/2024 : A weakening dollar will impact Gold
GOLD: Gold prices at the beginning of the year show that selling pressure will be maintained. It can be seen that the price range of 2,069 - a slightly distant price range of 2,080 - is acting as resistance for the market. This morning GOLD tested this area again but suddenly applied strong selling pressure to find a year-end trend. It is expected that this downward adjustment trend will still be maintained in the near future. GOLD can will return to the price range of 2,030. Consider SELL with today's version of GOLD
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