Gold Drops Again, What's the News and How is the Technical
Gold (XAU/USD) prices hit a new daily low during the early European session on Monday, with market players now waiting for a sustained decline below before preparing for deeper losses.
Until this News Release, Gold Prices Are at $3,306
Recommendation:
Buy if the price breaks above $3,300
Sell if the price breaks below $3,310
Resistance 2: $3,320
Resistance 1: $3,313
Support 1: $3,299
Support 2: $3,292
Note: This article is intended for analysis and not as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.
Source: Newsmaker.id