Gold passes on the day
Updated
Dear friends, escaping the price hike channel that has led to discounted products, we are currently facing a prolonged sideways trend.
GOLDEN INFORMATION:
The ongoing Israel-Hamas conflict still exists for investors, but even that cannot help gold prices surpass the $2,000/ounce threshold. It is precisely because gold prices cannot break through this crucial level that market sentiment has become cautious.
Currently, gold prices are being hindered by the $2,000/ounce mark. If gold prices can consolidate in the near future, precious metal prices could reach an all-time high.
Alexia's personal opinion:
Gold prices have not fluctuated much at the beginning of the week, continuing to move sideways around the $1,970 - $2,000 range.
What are your thoughts? Do you agree with Alexia?
GOLDEN INFORMATION:
The ongoing Israel-Hamas conflict still exists for investors, but even that cannot help gold prices surpass the $2,000/ounce threshold. It is precisely because gold prices cannot break through this crucial level that market sentiment has become cautious.
Currently, gold prices are being hindered by the $2,000/ounce mark. If gold prices can consolidate in the near future, precious metal prices could reach an all-time high.
Alexia's personal opinion:
Gold prices have not fluctuated much at the beginning of the week, continuing to move sideways around the $1,970 - $2,000 range.
What are your thoughts? Do you agree with Alexia?
Trade active
Note
As expected after reaching the resistance level, it has been reduced currently trading at 1984 USDTrade closed: target reached
Note
Note
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