Dear friends, escaping the price hike channel that has led to discounted products, we are currently facing a prolonged sideways trend.
GOLDEN INFORMATION:
The ongoing Israel-Hamas conflict still exists for investors, but even that cannot help gold prices surpass the $2,000/ounce threshold. It is precisely because gold prices cannot break through this crucial level that market sentiment has become cautious.
Currently, gold prices are being hindered by the $2,000/ounce mark. If gold prices can consolidate in the near future, precious metal prices could reach an all-time high.
Alexia's personal opinion:
Gold prices have not fluctuated much at the beginning of the week, continuing to move sideways around the $1,970 - $2,000 range.
What are your thoughts? Do you agree with Alexia?