Gold experienced significant Decline move to Support
Gold Price Volatility – US Session Recap
Gold experienced significant volatility toward the end of the US session, largely driven by geopolitical developments. A ceasefire agreement between Iran and Israel has eased tensions in the Middle East, reducing the safe-haven demand for gold.
In addition, a sharp decline in oil prices has further dampened gold’s appeal as a hedge against inflation, contributing to the downward pressure on the metal.
Resistance zone 3335 / 3345
Support Levels 3315 3300
Focus on the trading range how to use trade the price will fall and decline will only get there easily target.
i You like this idea if you have on Opinion about this analysis share in comments.
Gold experienced significant volatility toward the end of the US session, largely driven by geopolitical developments. A ceasefire agreement between Iran and Israel has eased tensions in the Middle East, reducing the safe-haven demand for gold.
In addition, a sharp decline in oil prices has further dampened gold’s appeal as a hedge against inflation, contributing to the downward pressure on the metal.
Resistance zone 3335 / 3345
Support Levels 3315 3300
Focus on the trading range how to use trade the price will fall and decline will only get there easily target.
i You like this idea if you have on Opinion about this analysis share in comments.
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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.