Hello dear friends, Let's continue exploring the market together with Selena!
Currently, the gold market is maintaining its strong price increase and reaching a level of 1930-1931 USD. It can be seen that gold has not experienced much change compared to yesterday's trading session, but this metal still demonstrates its strength in terms of price increases since the drop to 1900 USD.
In the short term, Selena believes that the price of gold can still rise because the Fed will not raise interest rates. In that case, it has the potential to return to the level of 1,950 USD per ounce.