Gold prices fluctuate in a narrow range

Atualizado
Currently, gold prices are said to be "stuck" in a medium-term correction cycle, while the long-term price chart and macro fundamentals still support this safe-haven metal's price increase after the correction. Adjustment lasting 6 weeks ends.

According to Kitco's latest survey, with 12 Wall Street analysts suggesting that price fluctuations are unlikely in the short term, only 17% of experts believe that the price of this precious metal will decrease, while the proportion forecast increases and decreases. equal at 42%.

World gold prices have increased more than 27% this year, reaching a record high after the Fed loosened interest rates and geopolitical tensions escalated.

According to the assessment of head of foreign exchange Christopher Vecchio at Tastylive, the long-term outlook for gold is still positive. If it overcomes the resistance level of 2,725 USD/ounce, gold prices could experience a fierce increase.



🔥 XAUUSD BUY 2636 2634🔥

💵 TP1: 2645
💵 TP2: 2655
💵 TP3: OPEN

🚫 SL: 2628
Trade ativo
BUY 2636 2634 + 240 Pips 💵 💵 💵
ForexforexsignalsFundamental AnalysisGoldideasdetradingTechnical IndicatorstradingtradingsignalsTrend AnalysisXAUUSDxauusdanalysisxauusdshort

PREMIUM CHANNEL ✉️

🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.

t.me/xauusdtradingfx
Também em:

Publicações relacionadas

Aviso legal