GOLD waiting to Buy - 16/05/2023
Gold prices saw a slight uptick on the first day of this week and maintained a modest gain throughout the day. Currently, XAUUSD is trading at around $2,020, indicating a 0.30% increase for the day. This marks the end of a three-day losing streak for gold prices. The US Dollar, on the other hand, has bounced back from a 5-week high due to concerns over the US debt ceiling.
This factor has been the primary support for the US Dollar-denominated Gold price. Moreover, the global economic recession has resulted in increased demand for the safe-haven Gold price, further aiding the uptrend. To enter the order, two essential elements need to be considered - waiting for GOLD to break through the resistance level around 2023USD and waiting for the Reset price to return to the Keylevel.
This factor has been the primary support for the US Dollar-denominated Gold price. Moreover, the global economic recession has resulted in increased demand for the safe-haven Gold price, further aiding the uptrend. To enter the order, two essential elements need to be considered - waiting for GOLD to break through the resistance level around 2023USD and waiting for the Reset price to return to the Keylevel.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.