Hello, dear traders! In my view, the recent rally in gold is mainly due to expectations of lower US interest rates and the growing demand for safe havens amid geopolitical uncertainty. Currently, gold is trading around $2,660, down -0.14% on the day. However, I believe that the overall bullish trend remains intact.
Looking at the 4-hour chart, I can see that XAUUSD is holding above the rising trendline and the 34.89 EMA. This reinforces the idea that gold prices could continue to rise. If gold breaks above the all-time high of $2,685, this could signal further upside momentum, targeting round numbers like $2,700 and even the psychological level of $2,750.
What do you think about the trend of XAUUSD? Do you see more room for it to break higher? Let's discuss!
Looking at the 4-hour chart, I can see that XAUUSD is holding above the rising trendline and the 34.89 EMA. This reinforces the idea that gold prices could continue to rise. If gold breaks above the all-time high of $2,685, this could signal further upside momentum, targeting round numbers like $2,700 and even the psychological level of $2,750.
What do you think about the trend of XAUUSD? Do you see more room for it to break higher? Let's discuss!
액티브 트레이드
what do you think about Gold?액티브 트레이드
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.