Fundamental and technical analysis of gold and the main price levels Thursday 08/22/2024 | Investing.com

Prices fell yesterday to test the 2493 level, which provided enough support for prices and brought them back to stability above the 2500 level again.. So, we mentioned in the video how important is this level.

Then the US Federal Reserve issued a statement, and although it was negative on … the response we saw was also the same as what we said in the video yesterday that we would see $10 more or less … despite the negativity on the dollar. . [والإيجابية على الذهب] However, as shown in the image above, we mentioned in a live update at the time that the markets were largely betting on these points…

Today we have some important data in the economic calendar… but the markets are also expected to start preparing for Jerome Powell’s speech tomorrow, Friday..

What about the main price levels gold prices?

What is the most important economic data today?

What about technical analysis?

You can find all the details in a short and useful way in the video below.

We will follow you about the price change in the upcoming articles, and for faster and more continuous updates, you can follow

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@GhaithAbohlal

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Note in the margin of the article:

. Trading markets are constantly changing in their direction, and depend on a lot of data and news, as well as major banks and market makers who often drive the market, even against reality and logic sometimes.

. The above comments and opinions are a summary of the analysis, and they are not direct recommendations, but advice to followers, including that no one can continuously profit receive from trading activity, even large investors.

. Therefore, we always try to reduce losses and increase profits according to the analysis and insight of the price trading method, by using many integrated and different research methods to try to get the most results better reach.

. We must work hard, and God is the Giver of success.