Gold price is gradually recovering and increasing strongly?

23 авг. 2023 г.

Gold has slightly extended its gains and continues its successful upward trend on the third day. GOLD fluctuates around $1,900 per ounce in Asian trading on Wednesday, showing signs of recovery after four consecutive weeks of losses despite the stronger US dollar.

However, a stronger rebound is unlikely at this time. The Relative Strength Index (RSI) indicator remains near oversold levels, indicating a relatively low buying interest.

23 авг. 2023 г.

Заметка

“Despite market volatility, especially higher real yields, gold is showing signs of stabilizing with recent gains supported by a weakening dollar on speculation China will continue to grow. continue to take many measures to restore the economy that is in recession.”

23 авг. 2023 г.

Заметка

What do you think about the gold price today?

24 авг. 2023 г.

Заметка

The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback, fell 0.19%, increasing the attractiveness of gold to buyers holding other currencies.