Gold trades stably at high prices.
Updated
Hello everyone!
Currently, we are witnessing gold making efforts to recover since touching the support level of $1810. It is evident that gold sellers have been unable to push the metal beyond the $1800 support level. Instead, gold has found support at $1810 with continuous recovery throughout the week.
In terms of prospects, gold is often seen as a safe haven during times of global instability. The ongoing Israel-Hamas conflict may potentially drive investors towards safe-haven assets like gold during this period.
Currently, the price of gold has not seen significant changes compared to the beginning of the week. It is believed that this will largely depend on how long the conflict lasts and the level of tension involved. Keep an eye out for updates on gold today and tomorrow! Hopefully, it will be a favorable price movement for gold.
Currently, we are witnessing gold making efforts to recover since touching the support level of $1810. It is evident that gold sellers have been unable to push the metal beyond the $1800 support level. Instead, gold has found support at $1810 with continuous recovery throughout the week.
In terms of prospects, gold is often seen as a safe haven during times of global instability. The ongoing Israel-Hamas conflict may potentially drive investors towards safe-haven assets like gold during this period.
Currently, the price of gold has not seen significant changes compared to the beginning of the week. It is believed that this will largely depend on how long the conflict lasts and the level of tension involved. Keep an eye out for updates on gold today and tomorrow! Hopefully, it will be a favorable price movement for gold.
Note
good luck
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.