Gold prices increased but unstable
Updated
Dear valued readers, at present, we are witnessing a significant recovery in the price of gold. This precious metal continues its journey to recoup the levels it lost before, with stable trading at 1855 - 1856 USD.
Meanwhile, the ongoing conflict in the Middle East may have an impact on major economies in the coming months, including the potential influence on the monetary policies of central banks. This will certainly affect the gold market in the future.
Given this situation, gold traders are aggressively buying, although this recovery is still uncertain, as there may still be declines in the future. What we need to do at this time is to wait for market news on Wednesday and Thursday to assess the upcoming direction of gold.
Meanwhile, the ongoing conflict in the Middle East may have an impact on major economies in the coming months, including the potential influence on the monetary policies of central banks. This will certainly affect the gold market in the future.
Given this situation, gold traders are aggressively buying, although this recovery is still uncertain, as there may still be declines in the future. What we need to do at this time is to wait for market news on Wednesday and Thursday to assess the upcoming direction of gold.
Trade active
Note
and you, what do you think ?Note
In the next two days, we will have news about gold! The market may have interesting fluctuationsNote
Gold is consolidating gains near $1,860, as buyers take a breather amid a US Dollar rebound and a positive risk tone.Note
Note
Trade closed: target reached
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