XAUUSD: If the war continues to be complicated, gold will increa
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At 6 a.m. on October 18, the world gold price was trading at 1,924 USD/ounce, up 4 USD compared to the price at the same time the previous day which was 1,920 USD/ounce.
According to analysts, despite the USD still increasing in value and US bond interest rates reaching 4.8%/year, gold prices today still went up as the market remained skeptical that diplomatic efforts could not cool the conflict. Israel-Hamas military conflict. Since then, many investors have increased their need to hold precious metals to preserve capital, helping the gold market prosper.
On the other hand, because investors are worried that the US has not finished raising interest rates, they have sold off stocks. As a result, the US stock market fluctuated in opposite directions.
According to analysts, despite the USD still increasing in value and US bond interest rates reaching 4.8%/year, gold prices today still went up as the market remained skeptical that diplomatic efforts could not cool the conflict. Israel-Hamas military conflict. Since then, many investors have increased their need to hold precious metals to preserve capital, helping the gold market prosper.
On the other hand, because investors are worried that the US has not finished raising interest rates, they have sold off stocks. As a result, the US stock market fluctuated in opposite directions.
تعليق
SELL XAUUSD 1940- 1942✅TP1 1930 ✅✅
✅TP2 1925 ✅✅
❌SL 1947
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