Updated

Gold's recovery is uncertain

Hello dear friends! Let's explore and share our opinions here. Gold has made a significant recovery above the $1857 mark. The precious metal continues its journey to conquer $1880.

Due to concerns arising from the Israel-Hamas conflict, investors have been prompted to buy more. Wednesday and Thursday will bring us market news.

As a result, the short-term surge in gold buyers has pushed the price of gold to $1900. Although this recovery is not yet certain, there may still be price drops in the future.

Note

good luck

Trade active

Note

Note the full TP SL

Note

and you what do you think?

Note

Investors are also focusing on watching the US Federal Reserve (Fed) release the minutes of its September 2023 meeting tomorrow (October 11).

Note

Note

Gold Heads to Test Resistance, What Happens Then?

Trade closed: target reached

Note

Signals on the possibility of the US Federal Reserve (Fed) temporarily suspended interest rates also contribute to pushing gold prices up.

Note

Gold maintains downward momentum, long-term analysis

Trade active

Can exceed 1900

Note

Gold decreased slightly in the last session of the week

Note

Please note that the market has reversed right now

Note

Expect solidity on the smaller frame, stay tuned

Trade closed: target reached

Note

Rising oil prices, if sustained, could add to gold's safe-haven role as a hedge against persistent inflation.

Note

investors should keep an eye on the precious metal as it could be on the verge of a change in momentum as safe-haven demand is strong again.

Note

431 retail investors, equivalent to 72%, expected gold will increase in the near future. 106 others, equivalent to 18%, predicted that gold price would decrease, only the remaining 58, equivalent to 10%, said that the gold price would go sideways.

Note

Note

Gold's short-term decline is expected to reach 1900 USD

Note

Gold - increased higher for a longer time

AlselvSignals

Related publications

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.