A new round of military conflict broke out between Israel and Palestine last weekend. This incident had a major impact on the financial market on Monday. The price of gold once jumped short and opened higher. The price of gold is currently trading around US$1,850 per ounce, while US stock index futures suffered a heavy fall.
In fact, the U.S. dollar has recently benefited from the Federal Reserve's aggressive interest rate hikes and the resilience of the U.S. economy. "The dollar's rise is solid, and economic growth and inflation are continuing. We are more likely to see an escalation of conflicts."
In fact, the U.S. dollar has recently benefited from the Federal Reserve's aggressive interest rate hikes and the resilience of the U.S. economy. "The dollar's rise is solid, and economic growth and inflation are continuing. We are more likely to see an escalation of conflicts."
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Gold can go long at short-term lows.
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Go long at a low position and the first stage profit target is reached.
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Keep looking for direction and trade profitably.
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Follow my channel to get more transaction information.
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The bullish trend remains unchanged.
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The upward trend continues, and the upper focus is on the resistance in the 1870 area.
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He's still going up.
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Continue to be bullish and continue to go long at low levels.
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Buy Gold.
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Buying at 1853, the first stage profit target of 1862 was perfectly achieved.