The impact of war on gold

Zaktualizowano
Hello everyone,

Precious metals experienced a slight correction today, with a decrease of $20 or -1.04% compared to the previous trading session.

Gold price forecast:
14 Wall Street analysts participated in Kitco News' gold survey. 72% of the analysts expect gold prices to increase in the near future, while 14% predict a decrease and the remaining 14% believe prices will remain stable.

From the analysis chart:
In the short term, gold may test the support level at $1900. The hope is that it will find support at this point and then rebound.
Zlecenie aktywne
Uwaga
Financial markets are under stress following terrorist attacks by Hamas in Israel. Gold and silver tend to perform well during times of market uncertainty and widespread anxiety. With tensions rising in the Middle East, both metals could remain well supported next week, especially if Israel begins a road campaign as part of its planned response to the weekend's events. via.
Uwaga
According to the CME FedWatch tool, markets are forecasting a 90% chance the Fed will leave interest rates unchanged at its policy meeting next month.
Uwaga
In the long term, gold is still supported by many factors, including purchasing activities of central banks. Accordingly, strong and sustainable gold purchasing activities of central banks have created a solid foundation for gold prices in recent times and will be the main driving force to push the precious metal to new all-time highs in the near future. new year.
Uwaga
Fed's influence in the near future
Uwaga
what do you think ?
Uwaga
Gold's short-term decline is expected to reach 1900 USD
Uwaga
Interesting slight increase as expected
Uwaga
Gold - increased higher for a longer time
Transakcja zamknięta: osiągnięto wyznaczony cel
ForexGoldHarmonic PatternsTechnical IndicatorsintradaytradelongsetupoptionsstrategiessignalsTechnical AnalysisTrend AnalysisXAUUSD

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