Today's operation suggestions and trend analysis

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Hey Traders, in today's trading session we are monitoring Gold is trading an uptrend and currently is in a correction phase in which it is approaching the trend at 2397 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 2398 support and resistance area.
We would also like to consider the fact that we are in a recessionary environment, despite USD being strong Gold is not respecting the negative correlation and fall but they tend to rise both together in the same time since they're both considered safe havens in time of uncertainty.

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Hello everyone, if you have any thoughts or opinions about today's market changes, you can leave a message in the comment area to share your thoughts. If you have any questions, I can help you

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