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.
Not
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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.
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.