XAU price today December 18: How was the first session of the we
Updated
As of early 2024, global gold prices will still exceed USD 2,000/oz and could reach at least USD 2,050/oz. Domestically, gold prices could rise to VND75 million per tael. Gold is currently at its peak and gold is also difficult to predict. If the US dollar index falls further, the price of gold could rise further.
If the Fed changes monetary policy and stops raising interest rates, gold prices are likely to continue rising, but the peak remains difficult to predict. Inflation factors also affect gold. Gold is difficult to predict as it is affected by many factors, especially political factors. As conflicts erupt in many parts of the world, gold prices will rise due to concerns about political stability. At this point, investors will find a more stable haven instead of holding USD. However, since gold has "breached its all-time high," it is likely to remain at this high level for some time.
If the Fed changes monetary policy and stops raising interest rates, gold prices are likely to continue rising, but the peak remains difficult to predict. Inflation factors also affect gold. Gold is difficult to predict as it is affected by many factors, especially political factors. As conflicts erupt in many parts of the world, gold prices will rise due to concerns about political stability. At this point, investors will find a more stable haven instead of holding USD. However, since gold has "breached its all-time high," it is likely to remain at this high level for some time.
Note
SELL L XAUUSD 2026-2032SL 2031
TP 2000
TP2 2019
Note
running 100 pips
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.