Welcome, traders and investors, to our latest update on the Gold/US dollar technical analysis. This analysis delves into the current price action of the Gold/US dollar pair, focusing on the daily chart since our previous update. By examining critical technical indicators and market trends, we aim to provide valuable insights into potential scenarios that may unfold in the upcoming trading sessions. Today, we will explore two significant scenarios that have emerged in the price structure, presenting contrasting possibilities for the future direction of the pair.
Link to previous analysis: https://youtu.be/l70MIHaQQa4