Next week's gold price may continue to increase due to the escalation of the Israel-Hamas conflict
“ETFs continue to hesitate to return to buying gold, which could put short-term gold prices under profit-taking pressure, especially when gold prices approach the 1,950 - 1,980 USD/oz range. However, if ETFs return to buying gold, the short-term gold price will increase even more," Mr. Colin commented, adding that the Israel-Hamas conflict is tending to become complicated and will continue to increase. may support gold prices next week.
Although short-term gold prices may still adjust after this price increase, in the long term gold prices are forecast to increase sharply, especially when central banks are massively buying more gold reserves. "The purchase of gold by central banks, combined with the FED stopping raising interest rates, will likely contribute to pushing gold prices to 2,100 USD/oz in early 2024," TD Securities said.
ความคิดเห็น
In a constantly changing market situation, some traders believe that the possibility of Israel entering the Gaza Strip to secure coastal territory and disrupt Hamas operations could backfire. This move could unintentionally spark more violence by drawing other countries into the conflict, thereby prolonging instability in the region.
Fundamental AnalysisGoldgoldlonggoldshortgoldtradinggoldtradingstrategyTechnical IndicatorsTrend Analysis

การนำเสนอที่เกี่ยวข้อง

คำจำกัดสิทธิ์ความรับผิดชอบ