Gold Spot / U.S. Dollar
Long
Updated

The Israeli-Palestinian conflict triggered gold prices

386
The Israeli-Palestinian conflict triggered gold prices. Therefore, market risk sentiment has heated up, driving gold prices to rise sharply this morning. Judging from the current rebound amplitude, gold's short trend may end, which means that gold will enter a rebound upward cycle in the near future. It remains to be seen whether the mid-term adjustment has ended and bottomed out. There is still a chance to enter the market if you are currently bearish.

Gold resistance is 1855~1863, support is 1838~1832
Note
Gold has been choppy. Specific directions may appear in New York time
Trade active
Note
Test 1855 position, then rely on support continued to rise
Trade active
Trade active
Trade active

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.