Overall, Gold is still maintaining a strong upward trend due to political tensions in the Middle East.
On the 1-hour chart, we see that prices are still fluctuating near the Simple Moving Averages (SMA) and holding steady around the retreat level of 2,431-2,432 USD. However, there are signs indicating that prices are gradually adjusting and may transition to a short-term downward trend. If prices break below the support level of 2,431 and continue to decline, we may witness a sharp downturn.
On the other hand, political tensions in the Middle East, combined with the weakening of the US Dollar, are providing strong momentum for the upward trend.
On the 1-hour chart, we see that prices are still fluctuating near the Simple Moving Averages (SMA) and holding steady around the retreat level of 2,431-2,432 USD. However, there are signs indicating that prices are gradually adjusting and may transition to a short-term downward trend. If prices break below the support level of 2,431 and continue to decline, we may witness a sharp downturn.
On the other hand, political tensions in the Middle East, combined with the weakening of the US Dollar, are providing strong momentum for the upward trend.
Nota
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.