Gold Market Update: Strong Momentum Amid Economic Uncertainty
Hello everyone, it's great to see you again for today's discussion on gold prices.
Currently, gold continues to trade above $2,863 and remains poised to challenge its all-time high. Despite a pullback at the end of yesterday’s session, the precious metal quickly regained its advantage and established a new support zone, as indicated on the short-term chart.
Outlook: The bullish trend remains strong as gold continues to be heavily influenced by trade uncertainties. Tariffs on China and retaliatory measures have heightened market concerns, making safe-haven assets like gold more attractive.
Additionally, officials from the U.S. Federal Reserve (Fed) have emphasized that inflation could rise further. Combined with ongoing trade wars, economic instability is increasing. As a result, gold is expected to gain even more attention from investors.
Currently, gold continues to trade above $2,863 and remains poised to challenge its all-time high. Despite a pullback at the end of yesterday’s session, the precious metal quickly regained its advantage and established a new support zone, as indicated on the short-term chart.
Outlook: The bullish trend remains strong as gold continues to be heavily influenced by trade uncertainties. Tariffs on China and retaliatory measures have heightened market concerns, making safe-haven assets like gold more attractive.
Additionally, officials from the U.S. Federal Reserve (Fed) have emphasized that inflation could rise further. Combined with ongoing trade wars, economic instability is increasing. As a result, gold is expected to gain even more attention from investors.
Zlecenie aktywne
Price areas to note
Buy: 2830 - 2735; 2810 - 2815
Uwaga
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✅You can get 5 - 7 gold signals - Forex every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+HpvXxXyesls0YmM1
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