Home Analysis Commodities gold analysis

gold analysis

0
gold analysis
IMG 8059

Gold prices rose to achieve the largest weekly gains, after rising near its highest level in one month, as market expectations of raising US interest rates declined, as gold maintains its stability all the way and has succeeded in stability and rising to these levels again, as if these prices are maintained, gold has The field is rising to touch the areas of 1990/2000

Gold is in an upward direction, and it is an upward sub-trend, the price is currently at the 1954 level. If it stabilizes below the 1940 area, we will go back to the 1927/1912 areas, but if it stabilizes above the 1971 area, we will witness a rise towards the 1987 area, and if the 1987 area is broken, we will visit the 1993/2003/2010 areas

And we should not forget that everyone is waiting for the Federal Reserve’s decision, which is the most important event that moves global markets and writes the future of trading and trends for gold and the dollar.