๐๐ฌ ๐๐จ๐ฅ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐จ ๐ซ๐๐ฅ๐ฅ๐ฒ ๐จ๐ซ ๐๐ซ๐๐ฌ๐ก&๐๐ฎ๐ซ๐ง?
Gold has had a huge rally from ~ July 2018 through to July 2020; however over the last 6 months it has settled and returned to the previous high water mark (set in 2011). There is a reasonable bullish argument that this is the 'retest' prior to a fresh bounce:
If future US stimulus is not done in a well thought out way there could absolutely be a new wave of panic into precious metals. That being said, the acceleration of the COVID vaccine rollout could result in a return to normal at a faster rate that would reduce (or even negate) the need for continued stimulus.
In the short term, it seems more likely that we see a further fall in the price of Gold, and the descending triangle suggests that we may see prices as low as $1500 at some point in the mid term future. A failure of the $1800 support would be the trigger for such a scenario to play out.
Gold has had a huge rally from ~ July 2018 through to July 2020; however over the last 6 months it has settled and returned to the previous high water mark (set in 2011). There is a reasonable bullish argument that this is the 'retest' prior to a fresh bounce:
If future US stimulus is not done in a well thought out way there could absolutely be a new wave of panic into precious metals. That being said, the acceleration of the COVID vaccine rollout could result in a return to normal at a faster rate that would reduce (or even negate) the need for continued stimulus.
In the short term, it seems more likely that we see a further fall in the price of Gold, and the descending triangle suggests that we may see prices as low as $1500 at some point in the mid term future. A failure of the $1800 support would be the trigger for such a scenario to play out.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.