Gold will above 2687 2695 read the caption
price came just ticks ahead of new record high ($2685) during European trading on Wednesday, in fresh extension of bull-leg from $2602 higher low of Oct 10 and the bottom of corrective phase from $2685.
The metal remains strongly supported by growing prospects for global monetary policy easing, geopolitical tensions and uncertainty surrounding nearing US election.
Although the Fed officials are divided on the number of rate cuts until the end of the year, the central bank remains on track for more policy easing
The metal remains strongly supported by growing prospects for global monetary policy easing, geopolitical tensions and uncertainty surrounding nearing US election.
Although the Fed officials are divided on the number of rate cuts until the end of the year, the central bank remains on track for more policy easing
Not
TradingView gold running in box Not
Towards to target Not
Gold above the 2695Not
Target hit
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