XAUUSD

The price of gold has been fluctuating sideways in recent sessions, and is affected by the positivity of the Stochastic indicator to show some slight upward bias now, while the 50 moving average continues to put negative pressure on the price, supporting the chances of resuming the expected downward trend for the coming period, whose targets start at 1809.35 and extend to 1765.20 after exceeding Previous level.