Gold price moves sideways waiting for new news
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Today, the price of gold seems to have not changed much compared to yesterday's trading, with the current price still hovering around $1825. However, at the beginning of today's session, gold saw a slight increase of about 0.27%.
In the short term and based on the 4-hour chart, the risk still leans towards a price decrease, with some technical divergences indicating the possibility of a short-term upward correction at around $1,831.60.
Support levels: $1,815; $1,804; $1,792.
Resistance levels: $1,831; $1,845; $1,858.
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Today, the price of gold seems to have not changed much compared to yesterday's trading, with the current price still hovering around $1825. However, at the beginning of today's session, gold saw a slight increase of about 0.27%.
In the short term and based on the 4-hour chart, the risk still leans towards a price decrease, with some technical divergences indicating the possibility of a short-term upward correction at around $1,831.60.
Support levels: $1,815; $1,804; $1,792.
Resistance levels: $1,831; $1,845; $1,858.
If you find this helpful, please leave Selena a like and follow to give Selena more motivation!
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