Hello dear friends!
Today, XAUUSD is trading at the level of 1917 USD and there haven't been many changes compared to the previous trading session.
From now until the end of the week, the gold market is quite calm, as there is little macroeconomic data from the US being released. Currently, we need to wait for information from the Chairman of the Federal Reserve, Jerome Powell, on October 19 when he speaks at the Economic Club of New York.
It is expected that in the near future, the long-term downward trend of gold will continue. Political uncertainties continue to be factors driving the upward momentum of gold. It is anticipated that by the end of this week, the price of gold will trade in the range of 1,900 to 1,950 USD/ounce.
Today, XAUUSD is trading at the level of 1917 USD and there haven't been many changes compared to the previous trading session.
From now until the end of the week, the gold market is quite calm, as there is little macroeconomic data from the US being released. Currently, we need to wait for information from the Chairman of the Federal Reserve, Jerome Powell, on October 19 when he speaks at the Economic Club of New York.
It is expected that in the near future, the long-term downward trend of gold will continue. Political uncertainties continue to be factors driving the upward momentum of gold. It is anticipated that by the end of this week, the price of gold will trade in the range of 1,900 to 1,950 USD/ounce.
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Gold is returning to the trend of increasing after testing for $ 1913, the idea is still able to continue,
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