Gold experienced two consecutive bearish sessions primarily due to the resolution of the government shutdown. This week, the main focus shifts to the upcoming financial reports and the extent to which the shutdown has affected the broader economy. Questions continue to arise regarding the previous month’s data and the possibility that some of those reports may never be released. A gap in financial reporting is never favorable, especially when paired with uncertainties surrounding this week’s releases—particularly those scheduled for Thursday.
From a technical perspective, GOLD has reached a strong support zone and shown a clear rejection. A retest of this rejection is expected before price advances toward the target zone, supported by the fundamental uncertainties anticipated in the coming days.
From a technical perspective, GOLD has reached a strong support zone and shown a clear rejection. A retest of this rejection is expected before price advances toward the target zone, supported by the fundamental uncertainties anticipated in the coming days.
Trade attivo
Trade is still active, will update once a bearish signal rises.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.