BUY strategy after sharp decline of XAU

Güncellendi
XAU fell sharply after a sharp spike during the week
could remain above the 2,000 level in the near term, supported by safe-haven demand due to geopolitical instability concerns, a weaker USD and the possibility of interest rate cuts.
In addition, gold is being strongly supported by seasonal factors. According to statistics over the past 6 years, gold has always increased during Christmas.

However, some analysts advise investors to be cautious with gold at these levels and not chase the market.
Not
BUY XAU 2030 - 2032

TP1: 2060

TP2: 2070
ForexforexsignalsFundamental AnalysisTechnical IndicatorssignaltradingTrend AnalysisXAUUSD

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