Greetings, dear readers! Join Selena as we explore and discuss today's market.
Currently, the gold market is experiencing a continuous upward trend and trading around the $1932 mark after breaking through the trendline at $1915.
After analyzing the 4-hour chart, Selena has noticed that gold is showing signs of forming a new peak at a high price of $1933. At this point, gold is expected to decline and find support at $1918 before receiving any latest updates from the Fed to determine stronger moves.
Now it's your turn! Let Selena know your thoughts on today's market.