Gold's recovery is uncertain
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Hello dear friends! Let's explore and share our opinions here. Gold has made a significant recovery above the $1857 mark. The precious metal continues its journey to conquer $1880.
Due to concerns arising from the Israel-Hamas conflict, investors have been prompted to buy more. Wednesday and Thursday will bring us market news.
As a result, the short-term surge in gold buyers has pushed the price of gold to $1900. Although this recovery is not yet certain, there may still be price drops in the future.
Due to concerns arising from the Israel-Hamas conflict, investors have been prompted to buy more. Wednesday and Thursday will bring us market news.
As a result, the short-term surge in gold buyers has pushed the price of gold to $1900. Although this recovery is not yet certain, there may still be price drops in the future.
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good luckTrade attivo
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Note the full TP SLNota
and you what do you think?Nota
Investors are also focusing on watching the US Federal Reserve (Fed) release the minutes of its September 2023 meeting tomorrow (October 11).Nota
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Trade chiuso: obiettivo raggiunto
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Signals on the possibility of the US Federal Reserve (Fed) temporarily suspended interest rates also contribute to pushing gold prices up.Nota
Trade attivo
Can exceed 1900Nota
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Please note that the market has reversed right nowNota
Expect solidity on the smaller frame, stay tunedTrade chiuso: obiettivo raggiunto
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Rising oil prices, if sustained, could add to gold's safe-haven role as a hedge against persistent inflation.Nota
investors should keep an eye on the precious metal as it could be on the verge of a change in momentum as safe-haven demand is strong again.Nota
431 retail investors, equivalent to 72%, expected gold will increase in the near future. 106 others, equivalent to 18%, predicted that gold price would decrease, only the remaining 58, equivalent to 10%, said that the gold price would go sideways.Nota
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