XAUUSD - Continue to increase!
Hello everyone! The global gold price held steady on March 29th (US time), pausing for the Good Friday holiday. Spot gold is currently anchored at 2,233 USD per ounce, maintaining a robust upward trajectory.
The ascending channel is active, with no signs of peaking yet. However, I anticipate some price adjustments next week as the price approaches the trendline's boundaries. The support level to watch is at 2195 USD.
The ascending channel is active, with no signs of peaking yet. However, I anticipate some price adjustments next week as the price approaches the trendline's boundaries. The support level to watch is at 2195 USD.
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