XAU!! Price increases continue today
Updated
Hi trader, Maria would like to share opinion: XAU/USD
During Thursday's Asian session, the price of gold (XAU/USD) experienced a significant increase, reaching a new high for the past two weeks. This surge indicates a continuation of its strong recovery from the $1,810 level, which was a seven-month low reached last week. The geopolitical tensions in the Middle East have reinstated gold as a preferred safe-haven asset, while the recent decline of the US Dollar (USD) has further supported its rise. Additionally, the decrease in global bond yields has contributed to the rally by benefiting the non-yielding yellow metal.
Signal today: 12/10/2023
🌸 SELL 1881-1884 SL 1890
TP: 1878, 1875, 1870
🌸 SELL 1900-1903 SL 1910
TP: 1895, 1890, 1880
Good luck everyone $$$, Thank you everyone for reading MARIA's article
During Thursday's Asian session, the price of gold (XAU/USD) experienced a significant increase, reaching a new high for the past two weeks. This surge indicates a continuation of its strong recovery from the $1,810 level, which was a seven-month low reached last week. The geopolitical tensions in the Middle East have reinstated gold as a preferred safe-haven asset, while the recent decline of the US Dollar (USD) has further supported its rise. Additionally, the decrease in global bond yields has contributed to the rally by benefiting the non-yielding yellow metal.
Signal today: 12/10/2023
🌸 SELL 1881-1884 SL 1890
TP: 1878, 1875, 1870
🌸 SELL 1900-1903 SL 1910
TP: 1895, 1890, 1880
Good luck everyone $$$, Thank you everyone for reading MARIA's article
Note
+ 130 pips , signal SELL 1881-1884 great
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.