Gold reversal, long -term analysis
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Greetings, everyone! Today, as anticipated, the price of gold remains on a downward trajectory.
The precious metal is facing challenges in terms of increasing its value, which may result in the US Federal Reserve (Fed) maintaining higher interest rates for an extended period.
Consequently, sellers are likely to exert further pressure on gold prices, currently at $1822, with an anticipated decline to $1804. This downward trend will persist until any positive developments take place.
The precious metal is facing challenges in terms of increasing its value, which may result in the US Federal Reserve (Fed) maintaining higher interest rates for an extended period.
Consequently, sellers are likely to exert further pressure on gold prices, currently at $1822, with an anticipated decline to $1804. This downward trend will persist until any positive developments take place.
Note
good luckTransaction en cours
Note
Note
Traders are waiting for the job situation to September on Friday morning from the US Department of Labor. The number of important non -agricultural jobs is expected to increase to 170,000 compared to an increase of 187,000 in the September report.Note
Turn on a strong increase after the job reportNote
Note
Meanwhile, 43% of retail investors participating in online polls on the Main Street expect yellow will increase this week, 42% 11 predict the price will be lower, 15% think that the price is passing in. Short-term.Note
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