Gold prices are currently facing Support around the 3365 level, with a potential correction expected before any further upward movement. While the long-term trend appears bullish, the fundamental backdrop remains mixed, creating uncertainty in market sentiment.
A major focus is the ongoing geopolitical tension between Russia and Ukraine, particularly following the recent escalation over the weekend. This development has increased safe-haven demand for gold, but market participants remain cautious due to conflicting economic signals and central bank policies.
You may find more details in the chart Ps Support with like and comments for more analysis
A major focus is the ongoing geopolitical tension between Russia and Ukraine, particularly following the recent escalation over the weekend. This development has increased safe-haven demand for gold, but market participants remain cautious due to conflicting economic signals and central bank policies.
You may find more details in the chart Ps Support with like and comments for more analysis
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.