Dear friends, Gold prices showed positive momentum on Thursday due to a decrease in US bond interest rates and a weaker US dollar. The political tensions and economic difficulties in China also contributed to the positive sentiment, causing gold prices to increase by 0.24% compared to the previous trading session. At the time of writing, gold is trading at $1988.
In my opinion, as long as gold maintains its upward trend above the support level of $1970, the upward momentum will continue, creating opportunities for buyers with an expected increase to $1950 in the near future. What is your opinion? Do you agree with my viewpoint?
In my opinion, as long as gold maintains its upward trend above the support level of $1970, the upward momentum will continue, creating opportunities for buyers with an expected increase to $1950 in the near future. What is your opinion? Do you agree with my viewpoint?
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