Gold Spot / U.S. Dollar
Long
Updated

Target 1990

404
snapshot

Gold prices rose to near three-month highs after Fed Powell's vague remarks led to a fall in the dollar and an escalation in the conflict.

Investors regard gold as the current safe-haven fund, and there will be room for gold to rise in the future.

Gold has broken through the key position of 1977.5 and is bullish in the future. Target 1990.
Note
1972 support level is strong
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Trade closed: target reached
Note
Next week target 2010
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