On Monday, the global market remained tense, with the Palestinian-Israeli tension escalating without an obvious solution. Gold fell slightly after last Friday's surge, but still held the $1,900 mark. The market continued to track the situation in the Middle East this week, while paying attention to the currency of the United States. policy.
Gold prices fell below $1,913 per ounce, which would halt the expected bullish trend, turn the outlook for gold prices to bearish, and start a bearish trend, with the main target targeting the $1,873.50 per ounce area.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.