Gold Rebounds Strongly After US Election
The current chart shows that gold has made an impressive recovery after two consecutive weeks of losses, with a clear increase, marking an increase of 135/ounce in the past week. This comes amid a gradual replacement of the pessimism following Donald Trump's election victory by renewed optimism among traders and experts.
Through chart analysis, it is clear that gold is in a strong recovery process. The short-term EMA has crossed above the long-term EMA, indicating a positive trend reversal. This is in line with the results of the latest Kitco News survey, where the majority of experts (89%) and retail traders (66%) predict that gold prices will continue to rise in the coming week.
Looking ahead, I expect this optimism to continue to support gold prices, at least in the short term.
Through chart analysis, it is clear that gold is in a strong recovery process. The short-term EMA has crossed above the long-term EMA, indicating a positive trend reversal. This is in line with the results of the latest Kitco News survey, where the majority of experts (89%) and retail traders (66%) predict that gold prices will continue to rise in the coming week.
Looking ahead, I expect this optimism to continue to support gold prices, at least in the short term.
Join my team to get free signal XAUUSD trades with up to 85% winning rate!
Every day, you will receive 5-7 high quality signals, helping you earn a lot of money
Click here to join the group: t.me/+2RkvhgfeFlkzZDZl
Every day, you will receive 5-7 high quality signals, helping you earn a lot of money
Click here to join the group: t.me/+2RkvhgfeFlkzZDZl
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.