Still in the bullish trend channel, entry buy
World gold prices skyrocketed as the level of inflation, and its series of impacts on US monetary policy, boosted demand for holding the precious metal.
On the other hand, gold prices are also supported by increased reserves at the Central Bank of China.
However, analysts at Kitco Metals believe that today's increase in gold prices mainly stems from risk concerns when the President of Iran died in a plane crash.
Meanwhile, a Chinese oil tanker was attacked by Houthi missiles in the Red Sea, increasing geopolitical tensions, increasing the need to hold gold to preserve capital.
On the other hand, gold prices are also supported by increased reserves at the Central Bank of China.
However, analysts at Kitco Metals believe that today's increase in gold prices mainly stems from risk concerns when the President of Iran died in a plane crash.
Meanwhile, a Chinese oil tanker was attacked by Houthi missiles in the Red Sea, increasing geopolitical tensions, increasing the need to hold gold to preserve capital.
PREMIUM CHANNEL ✉️
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
t.me/xauusdtradingfx
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.