Bullish push for XAU/USD appears to be gaining momentum for further declines.

Gold prices look set to continue their downward trend for a third consecutive day as XAU/USD struggles amid the economic outlook and a strong dollar. Analysts are keeping a close eye on the support level at $1,805-$1,800, and if this fails, they predict a next bearish target of $1,775. Recovery attempts would need to see the precious metal break above strong resistance at $1,830, and further gains would likely involve overcoming the bearish 21-day moving average at $1,838.

Read the complete article

(Visited 7 times, 1 visits today)

About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

You Might Be Interested In


Your email address will not be published. Required fields are marked *

This is default text for notification bar