Hot market for gold sellers
Aggiornato
Dear friends, Crude oil prices are forecasted to potentially increase to $150 per barrel. Global inflation is likely to rise to 6.7% in 2024.
Instability can quickly push up the price of gold. However, in the short term, gold is facing pressure from a strengthening US dollar.
At the time of writing, Gold is trading below the $2000 mark, currently trading around $1991. It is expected that Gold will rise to $2000 in the near future due to the stability of the trend on the 1-hour timeframe. The short-term target for investors selling gold would be the support level at $1985, after which the upward trend will continue. What about you? Do you agree with me?
Instability can quickly push up the price of gold. However, in the short term, gold is facing pressure from a strengthening US dollar.
At the time of writing, Gold is trading below the $2000 mark, currently trading around $1991. It is expected that Gold will rise to $2000 in the near future due to the stability of the trend on the 1-hour timeframe. The short-term target for investors selling gold would be the support level at $1985, after which the upward trend will continue. What about you? Do you agree with me?
Nota
Trade chiuso: obiettivo raggiunto
Nota
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.