FX.co ★ king.zelda | XAU/USD, GOLD

It is worth noting that nothing has changed for GOLD, as we continue to grow. Today, once again, we have updated local highs, indicating a local upward movement. We have already set new targets around 4730, but so far we have not been able to consolidate there. Moreover, looking at the bigger picture, we still have a downward trend, although there are no clear immediate targets from either side. It should be noted that gold has started to attract demand, while on the other hand, the dollar is still declining. However, there will be a lot of US statistics today. In general, I am still just observing. But if we fail to consolidate above 4730, I will consider selling.