GOLD - Many signs support the uptrend
Recent data indicates that China's economic recovery, as well as manufacturing activity in the US and Euro Area, is slowing down.
As a result, industrial metal prices have been affected, with copper dropping to a seven-month low in May. The demand for copper is expected to be limited due to fears of a global recession this year.
Currently, gold is attempting to correct itself to the $1984 price zone. Investors are keeping an eye on ADP's performance, which may push gold to this price range.
However, if the price returns to the 1950-1945 zone first, I will set up a buy order here
At the moment, all signals are in favor of gold's uptrend
As a result, industrial metal prices have been affected, with copper dropping to a seven-month low in May. The demand for copper is expected to be limited due to fears of a global recession this year.
Currently, gold is attempting to correct itself to the $1984 price zone. Investors are keeping an eye on ADP's performance, which may push gold to this price range.
However, if the price returns to the 1950-1945 zone first, I will set up a buy order here
At the moment, all signals are in favor of gold's uptrend
ملاحظة
HIT TP 1975 and return buy again
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.