Dear friends, Gold achieved an impressive figure last week, but it has experienced a slight decline at the beginning of this week's trading session. At the time of writing, gold is trading at $1971.
Regarding market information:
The ongoing tension in the Middle East has not yet ceased, making gold an attractive option for investors looking to preserve their capital amidst chaotic market conditions.
Regarding technical analysis:
It can be observed that Gold is gradually resembling the DOW pattern, with a potential decline to $1947, followed by a continuation of the upward trend expected to reach $2000, which gold has not yet reached. What are your thoughts on this? Do you agree with me?
Regarding market information:
The ongoing tension in the Middle East has not yet ceased, making gold an attractive option for investors looking to preserve their capital amidst chaotic market conditions.
Regarding technical analysis:
It can be observed that Gold is gradually resembling the DOW pattern, with a potential decline to $1947, followed by a continuation of the upward trend expected to reach $2000, which gold has not yet reached. What are your thoughts on this? Do you agree with me?
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