The Relative Strength Index (RSI) is currently above its long-term dynamic support level, which has been in place since 1997. Furthermore, it has broken its short-term correction trend and tested it last month.
Taking into account the recent financial crisis, it is anticipated that the prices of precious metals, particularly gold, will increase. Considering both technical analysis and current market conditions, this indicates a strong long signal.
In addition, the first target for this investment is to reach its previous all-time high. Once that has been achieved, the next anticipated target is a price point of 2800. These targets are supported by both technical analysis and market trends, making this investment opportunity even more appealing.
Taking into account the recent financial crisis, it is anticipated that the prices of precious metals, particularly gold, will increase. Considering both technical analysis and current market conditions, this indicates a strong long signal.
In addition, the first target for this investment is to reach its previous all-time high. Once that has been achieved, the next anticipated target is a price point of 2800. These targets are supported by both technical analysis and market trends, making this investment opportunity even more appealing.