MY VIEW ON GOLD: FUNDAMENTAL & TECHNICAL
🔴 Fundamental: My view on GOLD.
The conflict in the Middle East has intensified in the past few days, as Israel and Hamas continue to exchange rocket fire and airstrikes.
The situation has raised concerns about a potential broader war in the region, which could disrupt oil supplies and affect global markets.
One of the effects of this uncertainty is that investors tend to seek safe-haven assets, such as gold, to hedge against inflation and currency fluctuations.
Gold is considered a store of value that can preserve its purchasing power in times of crisis.
Therefore, GOLD prices may rise further if the conflict escalates or persists for a long time
🕯 Technical outlook: My View on GOLD.
If GOLD decide to give us a downward correction before printing the next higher, then we're going to be there, no matter what!
The conflict in the Middle East has intensified in the past few days, as Israel and Hamas continue to exchange rocket fire and airstrikes.
The situation has raised concerns about a potential broader war in the region, which could disrupt oil supplies and affect global markets.
One of the effects of this uncertainty is that investors tend to seek safe-haven assets, such as gold, to hedge against inflation and currency fluctuations.
Gold is considered a store of value that can preserve its purchasing power in times of crisis.
Therefore, GOLD prices may rise further if the conflict escalates or persists for a long time
🕯 Technical outlook: My View on GOLD.
If GOLD decide to give us a downward correction before printing the next higher, then we're going to be there, no matter what!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。