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“Where to Invest in Gold?” | Investing.com

Best Regards…

technical outlook

In general, as long as the price is trading above 1990-2000, the trend is an uptrend

Above 2000, the price will continue in the upward trend until reaching 2064, especially the price at the ascending channel

Stability below 1990 will help the price to retest the bottom of the channel 1945 and 1922

Pivot price: 1999

Support price: 1988, 1976, and 1958

Resistance price: 2035, 2047, and 2063

Basically the look

Basically, it is stable above 2000, and we may witness a new peak in the coming days that we have not seen before

All the things that point to the rise of gold, the war between Russia and Ukraine also includes the US problems and more recently the problems of China, Taiwan, etc..

As long as the sites are going like this, gold will continue to trend higher and 2064 will be easy to reach.

Gold price chart

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