Gold price will reach 2800 this week

Last week, gold's direction was strongly influenced by concerns surrounding the race for the White House by former President Donald Trump and Vice President Kamala Harris and the conflict in the Middle East and expectations of the US Federal Reserve. (Fed) will continue to cut interest rates at the upcoming policy meeting. This week, the US election and the US Central Bank's interest rate decision will dominate the sentiment in this precious metals market.

Both experts and retail investors say that it is difficult to predict the direction of gold this week, because this precious metal is still influenced by the situation in the Middle East, the US election and the civil war. Fed policy meeting. SIA Wealth Management market strategist Colin Cieszynski said that gold is at $2,750 an ounce and appears to be starting a normal consolidation process, but the underlying long-term uptrend remains intact until now. Now.

However, the appeal of this precious metal is still maintained and the price reached 2,800 USD/ounce last week. This shows the strong resistance of this precious metal.
Заметка
🔥 GOLD BUY LIMIT 2733 - 2731🔥

✔️ TP1: 2755
✔️ TP2: 2765
✔️ TP3: OPEN

🚫SL: 2724

🔥 GOLD SELL LIMIT 2753 - 2751🔥

✔️ TP1: 2745
✔️ TP2: 2735
✔️ TP3: OPEN

🚫SL: 2760
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