XAUUSD/BUY

59
After the New York market opened, the gold price hit 3350 before retreating. This indeed reached the profit target set by the swing trading center. The current price has retreated to 3342, but the decline has not continued. This is because the previous resistance level of 3345 has formed a certain support level after breaking through this level and then retreating. In short, the short-term focus should be on whether the 3340-3345 range stabilizes. If so, gold prices may rise again after the upcoming Federal Reserve news.

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