This week there is no important news related to USD, the market is less volatile. Interest rates are expected to decrease or remain unchanged, but there is no motivation for the Fed to raise interest rates. Potential for sideway gold to accumulate before next week's nonfarm news. Pass around the area 2053 -2069.
Buying gold in the support zone 2051 - 2053, expecting to take profit in 2069, beyond 2086. If gold breaks out of the 2050 area, it confirms a sell reversal to 2040, 2033.
Buying gold in the support zone 2051 - 2053, expecting to take profit in 2069, beyond 2086. If gold breaks out of the 2050 area, it confirms a sell reversal to 2040, 2033.