Gold Approaching $3,000, But Short-Term Action Remains Stagnant

24 сент.

Gold is pushing for the $3,000 per ounce mark, showing impressive strength. However, the price hasn't moved much this week. The reason is clear: the current risk-to-reward ratio is not ideal for new long positions. Bullish traders may find better opportunities between $2,545 and $2,594, with targets set at $2,629 and $2,680 if a dip occurs. This range offers more favorable conditions for upside potential.

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