Impressive target 2050 USD, gold increased sharply
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Hello dear brothers and sisters!
The Gold weekend trading has concluded with a complete victory for the bull side as the price reached $2000, in line with market expectations. Overall, Gold maintained a relatively stable upward trend around $1990 - $1970 throughout the week, although there were no significant breakthroughs.
The support level of $1980 acted as a catalyst to push the gold price higher, with an expected increase to $2050, with some short-term corrective declines. The only question now is how long it will take to reach this figure. The upcoming week promises to be an interesting and exciting trading week. What is your perspective?
The Gold weekend trading has concluded with a complete victory for the bull side as the price reached $2000, in line with market expectations. Overall, Gold maintained a relatively stable upward trend around $1990 - $1970 throughout the week, although there were no significant breakthroughs.
The support level of $1980 acted as a catalyst to push the gold price higher, with an expected increase to $2050, with some short-term corrective declines. The only question now is how long it will take to reach this figure. The upcoming week promises to be an interesting and exciting trading week. What is your perspective?
Note
Geopolitical instability and concerns about public debt will support safe shelter needs in the near future. The closing of over 2,000 USD/ounce can signal the advance of the new price.Note
good luckNote
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