Gold may show bullish momentum at today’s open due to several key factors:
Safe-Haven Demand: Rising inflation or economic instability often drives investors toward gold, bolstering its appeal.
Weaker Dollar: A softer dollar makes gold more attractive to international buyers, supporting price gains.
Interest Rate Outlook: Speculation around potential rate cuts or pauses makes holding gold more favorable, reducing its opportunity cost.
Geopolitical Uncertainty: Tensions or instability in global markets can increase demand for gold as a safe asset.
Technical Factors: A recent break above resistance or strong support levels can trigger technical buying, reinforcing an uptrend.
Safe-Haven Demand: Rising inflation or economic instability often drives investors toward gold, bolstering its appeal.
Weaker Dollar: A softer dollar makes gold more attractive to international buyers, supporting price gains.
Interest Rate Outlook: Speculation around potential rate cuts or pauses makes holding gold more favorable, reducing its opportunity cost.
Geopolitical Uncertainty: Tensions or instability in global markets can increase demand for gold as a safe asset.
Technical Factors: A recent break above resistance or strong support levels can trigger technical buying, reinforcing an uptrend.
Nota
avrage order value 2786.8, we are now at the highs, trailing stop Nota
great trades back 2 back
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.
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.