XAUUSD - ANALYSIS
Hello friends, I want to share my perspective on XAUUSD with you.
First, I will start with geopolitical news. Israel and Lebanon are on the verge of signing a peace treaty. This news could cause the gold trend to decline. The next point is the civil war that is happening in Syria. Syria is not a country with a large economy or large gold reserves. News of its civil war would have an impact on the price of gold.
But my personal analysis for gold is that I expect the areas I identified on the chart to move up and I am looking for sell position for gold from around 2675. My first target for gold is 2531 and my second target for gold is 2483.
Trade safe
First, I will start with geopolitical news. Israel and Lebanon are on the verge of signing a peace treaty. This news could cause the gold trend to decline. The next point is the civil war that is happening in Syria. Syria is not a country with a large economy or large gold reserves. News of its civil war would have an impact on the price of gold.
But my personal analysis for gold is that I expect the areas I identified on the chart to move up and I am looking for sell position for gold from around 2675. My first target for gold is 2531 and my second target for gold is 2483.
Trade safe
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.