Gold price continues to set a new record

2 days agoHello everyone, starting the new week of gold returning to the race to increase prices with an increase of more than 50 pips and trading at $ 2586.

Accordingly, Gold is approaching the psychological level at $ 2600 and continues to go on the path of confirming new records. Technically when using Fibonacci to measure the increase of gold waves, I realized that this metal has completed the goal target at the 1st landmark and towards the second column (Fibonacci 2,618), which costs about 2612 USD.

In terms of prospects of the week and the coming time: In 13 Wall Street analysts, 8 experts (62%) predicted this quarterly metal this week. The other three (23%) thought the price dropped and the other two experts (15%) predicted to pass.

At an online poll with 189 individual investors, the optimistic ratio was approximately, with 57% expecting the price of gold to go up. Meanwhile, the price forecasting rate is reduced and constant 25% and 18% respectively.