ElenaMayi

XAUUSD - we have ascension ahead

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD: Gold Prices Fall 1.3% as Investors Prepare for April's Inflation Reduction

April consumer prices are predicted to see a little decrease. Any shocks might send markets into a severe state of turmoil.

As we noted in yesterday's analysis, the price will fall. The price fell by nearly 90 . It currently moves between 5344 and 2328 in the same area. As long as the price is trading above the 2328 level, there is a possibility of breaking the 2344 level and stabilizing above this level. We will reach the 2357 level. However, any stabilization below this level will activate the decline to reach levels 2315 and 2303.

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