Hello smart traders!
Today, on the 1-hour time frame, gold has formed a price gap at a high of $1842 during today's trading session. Gold has coincidentally broken down below, leading to a decrease in the Dow. Overall, gold may retest a support level and continue its upward trend.
Gold has been oversold from a technical standpoint and seems to be stabilizing around the $1820/ounce level. The US dollar and silver bond yields appear to be pausing after a strong rally. This could potentially be the driving force to continue pushing gold higher.
If you find this article helpful, please leave a like and follow to receive new updates.
Today, on the 1-hour time frame, gold has formed a price gap at a high of $1842 during today's trading session. Gold has coincidentally broken down below, leading to a decrease in the Dow. Overall, gold may retest a support level and continue its upward trend.
Gold has been oversold from a technical standpoint and seems to be stabilizing around the $1820/ounce level. The US dollar and silver bond yields appear to be pausing after a strong rally. This could potentially be the driving force to continue pushing gold higher.
If you find this article helpful, please leave a like and follow to receive new updates.
Nota
increased 25.3 USD to 1860.9 USD/ounce. Currently trading at 1864 USD
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.