Gold finally broke through the 2404 line, it is too strong
Gold prices surged above $2,400 an ounce as concerns about escalating tensions between Israel and Iran boosted safe-haven demand. Gold prices rose for a fifth straight week after unconfirmed media reports of explosions in Iran, Syria and Iraq. Rhetoric between Iran and Israel has intensified since last weekend's drone and missile attacks. Latest news According to ABC News, US officials said that an Israeli missile hit an Iranian facility.
Gold rose rapidly due to the news and finally broke through the 2404 line. There is still heavy pressure above the golden 4-hour chart. After the market's risk aversion ends, gold may fall back to a certain extent.
Gold’s safe haven ends, prepares for decline
Transaction en cours
Commentaire:
Gold short orders are making profit
Commentaire:
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Transaction en cours
Transaction en cours
Commentaire:
Gold short orders continue to expand profits
Transaction en cours
Commentaire:
If you don’t know how to trade, often suffer losses, or you are a newbie, you can click on the link below my article, where I will share trading ideas every day
