Gold in 15-minute and 1-hour time frames
Last weekend, with the tone of Mr. Powell's speech about the probability of a US interest rate cut, the global gold price strengthened by $50 and 1.5 percent. During the week, positive news about the possibility of an agreement and peace between Russia and Ukraine and Hamas and Israel reduced geopolitical risks in the world and helped reduce the initial decline in gold prices.
According to the technical chart of gold, support and resistance lines and Fibonacci and sensitive areas have been identified. Personally, I think there is a possibility of a price correction.
We need to see which group of news funds has the most power and which direction gold will go when the market opens.
Don't forget about capital and risk management
Good luck.
Last weekend, with the tone of Mr. Powell's speech about the probability of a US interest rate cut, the global gold price strengthened by $50 and 1.5 percent. During the week, positive news about the possibility of an agreement and peace between Russia and Ukraine and Hamas and Israel reduced geopolitical risks in the world and helped reduce the initial decline in gold prices.
According to the technical chart of gold, support and resistance lines and Fibonacci and sensitive areas have been identified. Personally, I think there is a possibility of a price correction.
We need to see which group of news funds has the most power and which direction gold will go when the market opens.
Don't forget about capital and risk management
Good luck.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。