Gold is currently consolidating after an uptrend and breakdown, trading within a range between 2880 - 2930,
Since from Last week Gold again resume its uptrend trajectory because sudden rising trade tensions and market uncertainties have driven investors again towards gold. with US tariffs and changing oil prices causing uncertainty, gold prices will trade at high levels. As the situation remains uncertain, people keep investing in gold.
a bullish Trend more likely scenario, potentially driving prices toward 2940 – 2950
Since from Last week Gold again resume its uptrend trajectory because sudden rising trade tensions and market uncertainties have driven investors again towards gold. with US tariffs and changing oil prices causing uncertainty, gold prices will trade at high levels. As the situation remains uncertain, people keep investing in gold.
a bullish Trend more likely scenario, potentially driving prices toward 2940 – 2950
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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.
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.