A Next Gold movement Traders Gold looking all time very High and move top Top only no seems as selling opportunity.
GOLD continues on its way as part of a strong rally. Price is testing strong resistance and there is a good chance of a new high as the trade war escalation intensifies. Against the backdrop of the bull run, there is no need to think about selling!
Gold is trading near all-time highs above $3,200 on Friday, posting a weekly gain of about 5.5%. Rising prices are fueled by concerns over U.S. financial stability and the possible resignation of the Fed chief, adding to pressure on the dollar. Expectations of recession and Fed rate cuts are increasing amid escalating trade war with China, after the US imposed tariffs of 145% and Beijing retaliated - China raised tariffs to 125%. Inflation in March came in below expectations, reinforcing forecasts for a rate cut. Focus is on further trade talks and China's response
Resistance levels: 3250 / 3275
Support levels: 3210 / 3200
Open and read And must Share your idea in comments because what did you think about Gold today movement them I'll share more idea to with you Thanks For Support.
GOLD continues on its way as part of a strong rally. Price is testing strong resistance and there is a good chance of a new high as the trade war escalation intensifies. Against the backdrop of the bull run, there is no need to think about selling!
Gold is trading near all-time highs above $3,200 on Friday, posting a weekly gain of about 5.5%. Rising prices are fueled by concerns over U.S. financial stability and the possible resignation of the Fed chief, adding to pressure on the dollar. Expectations of recession and Fed rate cuts are increasing amid escalating trade war with China, after the US imposed tariffs of 145% and Beijing retaliated - China raised tariffs to 125%. Inflation in March came in below expectations, reinforcing forecasts for a rate cut. Focus is on further trade talks and China's response
Resistance levels: 3250 / 3275
Support levels: 3210 / 3200
Open and read And must Share your idea in comments because what did you think about Gold today movement them I'll share more idea to with you Thanks For Support.
Free Telegram Channel
t.me/+z0Nor_UdLmM2MTY0
t.me/+z0Nor_UdLmM2MTY0
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.
Free Telegram Channel
t.me/+z0Nor_UdLmM2MTY0
t.me/+z0Nor_UdLmM2MTY0
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.