The upper trendline and lower trendline form two support and resistance zones that lead the price of gold to increase day by day.
The dollar price is recovering after the nonfarm news announced, slightly slowing down the rise of gold amid the tense political situation in the Middle East.
Gold is trading above the EMA 34 and 89 plus the support from the 1990 area is too strong, so an uptrend to break the old resistance of 2007 in the past month is about to take place. 2026 will be where gold is headed first
The dollar price is recovering after the nonfarm news announced, slightly slowing down the rise of gold amid the tense political situation in the Middle East.
Gold is trading above the EMA 34 and 89 plus the support from the 1990 area is too strong, so an uptrend to break the old resistance of 2007 in the past month is about to take place. 2026 will be where gold is headed first
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