Hello human ❤️ Mideast war suggests cautious repricing and measured rally!
“Gold maintains stability above the $1,850-$1,855 level and appears to be in no hurry to retreat to fill the remaining gap at $1,832,” Dixit said. “Immediate support is seen at $1,845, which if broken, could trigger a pullback to the gap at $1,832. A sustained break above $1,858 will put gold on track towards the next leg above $1,880 as an initial station.”
On Monday, as Hamas rockets continued to rain down on Israel's largest city, Tel Aviv, and Prime Minister Benjamin Netanyahu vowed to "change the Middle East" with Israel's war against the Palestinian militant group, diplomats Both oil and gold traders have tried to determine the immediate impact of the situation. crisis on two assets.
In particular, the focus is on the potential impact on Iran's oil supply.
“Gold maintains stability above the $1,850-$1,855 level and appears to be in no hurry to retreat to fill the remaining gap at $1,832,” Dixit said. “Immediate support is seen at $1,845, which if broken, could trigger a pullback to the gap at $1,832. A sustained break above $1,858 will put gold on track towards the next leg above $1,880 as an initial station.”
On Monday, as Hamas rockets continued to rain down on Israel's largest city, Tel Aviv, and Prime Minister Benjamin Netanyahu vowed to "change the Middle East" with Israel's war against the Palestinian militant group, diplomats Both oil and gold traders have tried to determine the immediate impact of the situation. crisis on two assets.
In particular, the focus is on the potential impact on Iran's oil supply.
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