David's analysis of the latest trend in international gold
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Hello everyone
The current real-time gold price is 2902.77/ounce, with an increase or decrease of 23.4 and an increase or decrease of 0.81%
According to market surveys, 71% of analysts predict that the price of gold will continue to rise this week, 14% of analysts predict that it will fall, and 15% of analysts believe that the price of gold will remain stable, but gold has continued to rise over the past seven weeks, and David predicts that it will continue to rise.
Analysis factors: The uncertainty of the Trump administration's policies, such as tariff increases and geopolitical conflicts, will promote safe-haven demand and support gold. In addition, the Fed's interest rate cut expectations coexist with inflation risks. If the US fiscal expansion exacerbates inflation, the opportunity cost of holding gold will be significantly reduced, which is conducive to the rise in gold prices
GOLD real-time trading opportunities, the current support below is around 2881-2885, and the upper pressure is around 2915-2920. If it breaks through $2900, you can add more positions
If you agree with my analysis, please continue to pay attention, and I will share my views for free later-(David) GO1!XAUUSD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/High_yield_big_profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.