How does gold change momentum?
업데이트됨
Hello dear traders!
On Wednesday, Gold experienced a sharp decline, reaching the psychological support level of $2000. However, it quickly corrected and has been lingering around $2022, close to the Fibonacci retracement levels of 0.5-0.618. This indicates that the prospects for this precious metal remain high.
However, if it manages to surpass this retracement level and break through the temporary resistance at $2033, it could open up more opportunities for gold to recover even stronger, fueled by the tensions. Escalating political conflicts will pose high risks globally. Economies will continue to face inflationary pressures due to supply shortages. This will hinder global economic recovery, leading to an increased demand for gold as a safe haven and a hedge against risks. The forecast suggests a significant rise in gold prices as tensions persist.
On Wednesday, Gold experienced a sharp decline, reaching the psychological support level of $2000. However, it quickly corrected and has been lingering around $2022, close to the Fibonacci retracement levels of 0.5-0.618. This indicates that the prospects for this precious metal remain high.
However, if it manages to surpass this retracement level and break through the temporary resistance at $2033, it could open up more opportunities for gold to recover even stronger, fueled by the tensions. Escalating political conflicts will pose high risks globally. Economies will continue to face inflationary pressures due to supply shortages. This will hinder global economic recovery, leading to an increased demand for gold as a safe haven and a hedge against risks. The forecast suggests a significant rise in gold prices as tensions persist.
액티브 트레이드
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.