Gold in 15-minute and 1-hour time frames
Last weekend, with the tone of Mr. Powell's speech about the probability of a US interest rate cut, the global gold price strengthened by $50 and 1.5 percent. During the week, positive news about the possibility of an agreement and peace between Russia and Ukraine and Hamas and Israel reduced geopolitical risks in the world and helped reduce the initial decline in gold prices.
According to the technical chart of gold, support and resistance lines and Fibonacci and sensitive areas have been identified. Personally, I think there is a possibility of a price correction.
We need to see which group of news funds has the most power and which direction gold will go when the market opens.
Don't forget about capital and risk management
Good luck.
Last weekend, with the tone of Mr. Powell's speech about the probability of a US interest rate cut, the global gold price strengthened by $50 and 1.5 percent. During the week, positive news about the possibility of an agreement and peace between Russia and Ukraine and Hamas and Israel reduced geopolitical risks in the world and helped reduce the initial decline in gold prices.
According to the technical chart of gold, support and resistance lines and Fibonacci and sensitive areas have been identified. Personally, I think there is a possibility of a price correction.
We need to see which group of news funds has the most power and which direction gold will go when the market opens.
Don't forget about capital and risk management
Good luck.
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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.
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.