During yesterday’s trading, it rose around $50… in an attempt by prices to participate in the process of reactivating a safe haven position through the developments taking place in the Russia-Ukraine crisis…but the question must be asked…does the current situation seem to be a real fear and panic in… Markets?
Starting with oil, which rose during yesterday’s trade. Yes this is true.. but his rise was limited…
Then, taking into account that Trump, the president-elect of America, first promised to end the wars, so his position is clear in the process of significantly canceling aid to Ukraine, and so the current tensions seem logically temporary and not lasting.
Therefore, the upward movement we saw yesterday seemed to be very weak technically. Furthermore, the way prices moved also shows that there was no real positive movement.
Also today: Important and influential economic data is absent from the markets…which opens the door to more price movements dependent on technical indicators….reaffirming that the chaos this is still in its Limited portion… and very limited… and it still does not represent any concern of continuing negativity and decline.
- What is the best option for Daily estimate?
- What is the best option for Investing and saving In gold?
- What about the main price levels for Prices gold?
- What about the most important economic news and the expected impact on… Gold prices?
- How about technical analysis for Gold prices?
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
My account on the X platform [تويتر]
@GhaithAbohlal
Where you can interact through comments at any time
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 way of trading prices, by using many integrated and different research methods to try the results best to reach.
. We must work hard, and God is the Giver of success.
2024-11-19 20:42:00
#Gold #temporary #gains #wave #rising #Investing.com
Good day, and thank you for joining us today. I’m pleased to be joined by two distinguished guests, Mr. Ahmed Abdel Wahab and Mr. Hossam El-Din Hussein, both experts in the field of commodities trading and market analysis.
We’ll start by discussing the current state of gold prices in light of recent events and technical indicators. Mr. Ahmed, could you elaborate on your thoughts regarding the recent surge in gold prices and its sustainability in the long term? Do you believe that the current market dynamics are indicative of a larger shift in investor sentiment towards safe-haven assets, or is it a temporary response to specific geopolitical tensions?
Mr. Hossam, could you offer your insights on the best strategies and opportunities for individuals looking to invest and save in gold? How do you recommend staying informed about market trends and economic data when considering gold as an investment option?
Moving on to technical analysis, what are some of the key price levels that investors should be monitoring when following gold prices? Are there any upcoming economic indicators or news events that could significantly impact the precious metal’s value in the near future?
In your opinion, do you believe that the current market volatility provides a window for opportunistic trading, or should investors approach gold with caution given the potential for continued uncertainty? How important is it to understand the broader macroeconomic factors influencing gold prices when developing investment strategies?
Lastly, could you both share your thoughts on the role of social media platforms like Twitter (@GhaithAbohlal) in sharing market insights and engaging with other investors? Do you find these platforms useful for staying informed and soliciting feedback on your analysis?
