Amidst prolonged tensions in the Middle East, global gold prices have surged, defying expectations despite robust economic data from the U.S. The sharp rise in gold prices comes as Israel signals readiness to retaliate against Iran's attacks, disregarding calls for restraint from Western nations.
In the face of escalating geopolitical tensions, global gold prices show no signs of slowing down, with projections pointing towards a potential climb to the $2460 mark. Additionally, the metal is approaching a critical Fibonacci 1.618 profit-taking level, aligning with predictions from Dow Theory."
In the face of escalating geopolitical tensions, global gold prices show no signs of slowing down, with projections pointing towards a potential climb to the $2460 mark. Additionally, the metal is approaching a critical Fibonacci 1.618 profit-taking level, aligning with predictions from Dow Theory."
Note
2385-2380 best level for intraday tradingNote
Sell area : 2360-2365Trade closed: target reached
Sell Area trade was activated and we booked almost 280+ pips on this single trade!Note
looking for buy here asain session range 70-80 pipsRelated publications
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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.