Analyzing Gold's Trend In the Upcoming Period
Gold prices are showing signs of reversal after hitting an all-time high above the $2,350 barrier during European trading on Monday. The decrease in bets on a Fed interest rate cut in June and reduced geopolitical tensions have limited gold's upward momentum, despite increased central bank gold purchases.
Looking at the H4 chart,, if gold undergoes a correction back to around $2,331 before continuing its upward trend, it could indicate that the strong uptrend will continue.
If gold buyers successfully challenge the correction pressure, there's a possibility of a new recovery towards the psychological level of $2,370, if accepted above the $2,350.
Looking at the H4 chart,, if gold undergoes a correction back to around $2,331 before continuing its upward trend, it could indicate that the strong uptrend will continue.
If gold buyers successfully challenge the correction pressure, there's a possibility of a new recovery towards the psychological level of $2,370, if accepted above the $2,350.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.