The market recently tested a support level, and the price bounced off, indicating strength. Currently heading towards the...
Considering the technical and fundamental factors, it's important to closely monitor upcoming economic events,
The overall analysis suggests a cautious approach, closely monitoring the behavior around the resistance levels.
Spot Gold price broke below the $1735 and $1700 threshold and fell to a fresh one-month low of $1,688.71 a troy ounce
In an informative analysis reported by Reuters, it has been revealed that the goal of the scheme mentioned is spoofing.
Given the current uptrend in gold, the expectation is for a return to the support level and a continuation of the recovery.