World gold prices recovered this morning
World gold prices recovered this morning due to increased bottom-fishing demand after this commodity fell from 2,720 USD/ounce last week to near the important support level of 2,600 USD/ounce on the afternoon of November 26. .
Currently, investors are waiting for the minutes of the November FOMC meeting of the US Federal Reserve (FED) to get more information about the upcoming US monetary policy, thereby determining the direction of gold in the future. coming days.
Darin Newsom, senior market analyst at Barchart.com, said that gold prices may experience short-term downward adjustments. However, in terms of long-term vision, he believes that this precious metal will continue to increase in price.
Managing Director at Bannockburn Global Forex Marc Chandler also believes that it is likely that gold will continue to rise back to the record high set at the end of October and that a price increase to $3,000 by 2025 is inevitable. have basis.
🔥
GOLD SELL 2646 - 2648🔥
💵 TP1: 2630
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2656
Currently, investors are waiting for the minutes of the November FOMC meeting of the US Federal Reserve (FED) to get more information about the upcoming US monetary policy, thereby determining the direction of gold in the future. coming days.
Darin Newsom, senior market analyst at Barchart.com, said that gold prices may experience short-term downward adjustments. However, in terms of long-term vision, he believes that this precious metal will continue to increase in price.
Managing Director at Bannockburn Global Forex Marc Chandler also believes that it is likely that gold will continue to rise back to the record high set at the end of October and that a price increase to $3,000 by 2025 is inevitable. have basis.
🔥
GOLD SELL 2646 - 2648🔥💵 TP1: 2630
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2656
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