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XAUUSD - ANALYSIS
Hello friends, I want to share my perspective on XAUUSD with you.
First, I will start with geopolitical news. Israel and Lebanon are on the verge of signing a peace treaty. This news could cause the gold trend to decline. The next point is the civil war that is happening in Syria. Syria is not a country with a large economy or large gold reserves. News of its civil war would have an impact on the price of gold.
But my personal analysis for gold is that I expect the areas I identified on the chart to move up and I am looking for sell position for gold from around 2675. My first target for gold is 2531 and my second target for gold is 2483.
Trade safe
First, I will start with geopolitical news. Israel and Lebanon are on the verge of signing a peace treaty. This news could cause the gold trend to decline. The next point is the civil war that is happening in Syria. Syria is not a country with a large economy or large gold reserves. News of its civil war would have an impact on the price of gold.
But my personal analysis for gold is that I expect the areas I identified on the chart to move up and I am looking for sell position for gold from around 2675. My first target for gold is 2531 and my second target for gold is 2483.
Trade safe
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