Gold Price Volatility – US Session Recap
Gold experienced significant volatility toward the end of the US session, largely driven by geopolitical developments. A ceasefire agreement between Iran and Israel has eased tensions in the Middle East, reducing the safe-haven demand for gold.
In addition, a sharp decline in oil prices has further dampened gold’s appeal as a hedge against inflation, contributing to the downward pressure on the metal.
Resistance zone 3335 / 3345
Support Levels 3315 3300
Focus on the trading range how to use trade the price will fall and decline will only get there easily target.
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Gold experienced significant volatility toward the end of the US session, largely driven by geopolitical developments. A ceasefire agreement between Iran and Israel has eased tensions in the Middle East, reducing the safe-haven demand for gold.
In addition, a sharp decline in oil prices has further dampened gold’s appeal as a hedge against inflation, contributing to the downward pressure on the metal.
Resistance zone 3335 / 3345
Support Levels 3315 3300
Focus on the trading range how to use trade the price will fall and decline will only get there easily target.
i You like this idea if you have on Opinion about this analysis share in comments.
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