Hello dear friends, let's find out about the gold price today and evaluate the strategy for this week!
Last week, we witnessed a strong surge in Gold and it surpassed its all-time high with a figure close to $2200. We expected it to correct its trend last week, but it seems that the buying side continues to push it higher, and it is currently trading around $2180 on the first day of the week.
The trend of this metal is still unclear, although the upward momentum is dominant, it is still heavily influenced by market news. Therefore, it is necessary to monitor and closely follow important information during the week.
Regarding prospects: The global gold price this week is likely to see investors taking profits after a continuous week of price increase, causing the gold price to turn downwards. However, this decrease is not significant as political tensions continue to escalate and the US dollar remains subdue
Last week, we witnessed a strong surge in Gold and it surpassed its all-time high with a figure close to $2200. We expected it to correct its trend last week, but it seems that the buying side continues to push it higher, and it is currently trading around $2180 on the first day of the week.
The trend of this metal is still unclear, although the upward momentum is dominant, it is still heavily influenced by market news. Therefore, it is necessary to monitor and closely follow important information during the week.
Regarding prospects: The global gold price this week is likely to see investors taking profits after a continuous week of price increase, causing the gold price to turn downwards. However, this decrease is not significant as political tensions continue to escalate and the US dollar remains subdue
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