🔴 Fundamental: My view on GOLD.
The conflict in the Middle East has intensified in the past few days, as Israel and Hamas continue to exchange rocket fire and airstrikes.
The situation has raised concerns about a potential broader war in the region, which could disrupt oil supplies and affect global markets.
One of the effects of this uncertainty is that investors tend to seek safe-haven assets, such as gold, to hedge against inflation and currency fluctuations.
Gold is considered a store of value that can preserve its purchasing power in times of crisis.
Therefore, GOLD prices may rise further if the conflict escalates or persists for a long time
🕯 Technical outlook: My View on GOLD.
If GOLD decide to give us a downward correction before printing the next higher, then we're going to be there, no matter what!
The conflict in the Middle East has intensified in the past few days, as Israel and Hamas continue to exchange rocket fire and airstrikes.
The situation has raised concerns about a potential broader war in the region, which could disrupt oil supplies and affect global markets.
One of the effects of this uncertainty is that investors tend to seek safe-haven assets, such as gold, to hedge against inflation and currency fluctuations.
Gold is considered a store of value that can preserve its purchasing power in times of crisis.
Therefore, GOLD prices may rise further if the conflict escalates or persists for a long time
🕯 Technical outlook: My View on GOLD.
If GOLD decide to give us a downward correction before printing the next higher, then we're going to be there, no matter what!
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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.