Gold prices rose during today's trading on Wednesday, despite the US dollar also rising, as investors are waiting for some signs of the direction of the monetary policy of the US Federal Reserve, especially with the end of the week when the Personal Consumption Expenditures index will be released from the US economy, which is the Fed's preferred indicator for measuring inflation, it is also worth noting that tomorrow, Thursday, we have

Technically: gold has achieved our bullish targets, rebounding from the demand areas as we indicated yesterday here Gold is now trading inside a symmetrical triangle, which we expect to break through to the top, as in the chart, from which it can continue to climb towards the resistance cluster located near the levels of 2205 to 2210, at which point the precious metal will have completed the gartli harmonic pattern and from which we expect it to start retracing to target the levels of 2190 and then 2180 dollars per ounce.