GOLD: Record High Will Continue?
Hello everyone! Today i want to share some macro analysis with you!
1.
$Gold - main 2412(GCmain)$ GOLD TRADING ALERT: Traders struggle to digest the Fed's sharp rate cut as the Middle East escalates! Gold prices figure to hit another all-time high!
Early Friday (20 September) Asian market, gold high narrow shock rose, currently trading near $2591. Gold prices rose more than 1 per cent on Thursday, hitting an intraday high of $2,594.79, approaching the all-time high set on Wednesday, and closing at $2,586.61.
Despite the beautiful performance of the United States initial jobless claims, the plate once made gold prices under pressure, but the Federal Reserve to start the monetary easing cycle, still attracting low buyers to support the price of gold, and the data show that the United States real estate market is still struggling; In addition, the escalation of the conflict between Israel and Lebanon, attracting safe-haven funds to support the price of gold.
Need to pay attention to: today the last trading day of the week, need to strictly focus on risk control! $XAU/USD(XAUUSD.FOREX)$
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https://x.com/TradersXauusd/status/1836969132597858788
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