New ATH continues! Gold continues to soar until Christmas!

13 giờ trước

Buoyed by ongoing Middle East tensions and uncertainty surrounding the U.S. presidential election, gold prices (XAU/USD) rose to around $2,720 in early Asian trading on Monday. Today's high was $2,739.8.

Geopolitical risks, especially the escalating conflict between Hezbollah and Israel, have prompted investors to seek safety in gold. In addition, Alexander Zumpfe, precious metals trader at Heraeus metals Germany, said concerns about the upcoming US election and expectations that the Federal Reserve will ease monetary policy further underpinned gold's upward trend.

Gold prices have continued to rise in the wake of world military tensions, creating ATH - currently the largest asset type accumulated in the world - which is expected to continue to increase this week.

Give strategic advice

Gold sold: 2743-2745
SL 2750
TP1: 2735
TP2: 2720
TP3: 2710

Gold buy: 2707-2705
SL 2700
TP1: 2715
TP2: 2722
TP3: 2730