Gold Price Update: Weekly & Daily Insights
Hello everyone, let's explore this week's gold price trends and today's latest updates!
Last week, gold experienced another volatile trading session as ongoing tariff threats, coupled with rising inflation concerns, drove investors toward the precious metal. As a result, XAUUSD reached a new high and is now stabilizing around $2,869.
According to the latest weekly gold survey, industry experts are more optimistic than ever about the metal’s prospects. Personally, I also forecast that gold prices will continue to rise in the near future.
On the charts, the bullish momentum remains strong, with upward movements consolidating. Currently, gold is not showing significant fluctuations as the Bollinger Bands are tightening, signaling a potential breakout. If this occurs, gold is expected to surge, with support holding around the $2,850 zone.
What about you? What are your thoughts on gold prices?
Last week, gold experienced another volatile trading session as ongoing tariff threats, coupled with rising inflation concerns, drove investors toward the precious metal. As a result, XAUUSD reached a new high and is now stabilizing around $2,869.
According to the latest weekly gold survey, industry experts are more optimistic than ever about the metal’s prospects. Personally, I also forecast that gold prices will continue to rise in the near future.
On the charts, the bullish momentum remains strong, with upward movements consolidating. Currently, gold is not showing significant fluctuations as the Bollinger Bands are tightening, signaling a potential breakout. If this occurs, gold is expected to surge, with support holding around the $2,850 zone.
What about you? What are your thoughts on gold prices?
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✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
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