GOLD UPDATE
In the previous chart that we published
We mentioned the gold target in the short term in the 1760 range
Last Friday, it reached the target, but the downward trend is still not over
We hold sell positions up to 1725
1725 is the main level of price return. If the price breaks the desired level, 1678 could be the next gold target.
An increase in the Delta Variant corona case and US inflation could strengthen the dollar and lower gold
In recent months, we have seen the market no longer look at gold as a safe haven
The dollar index, which we forecast this year to move towards 96, is listed at the bottom of the page
We mentioned the gold target in the short term in the 1760 range
Last Friday, it reached the target, but the downward trend is still not over
We hold sell positions up to 1725
1725 is the main level of price return. If the price breaks the desired level, 1678 could be the next gold target.
An increase in the Delta Variant corona case and US inflation could strengthen the dollar and lower gold
In recent months, we have seen the market no longer look at gold as a safe haven
The dollar index, which we forecast this year to move towards 96, is listed at the bottom of the page
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