The focus of the gold market recently
The focus of the gold market recently has been developments in the United States after Donald Trump won the 2024 presidential election. In a short period of time, the future cabinet list was announced with all candidates. is considered to have impressive achievements.
In addition, Mr. Donald Trump pledged to sharply increase taxes on America's three largest trading partners, including Canada, Mexico and China. Economists say Mr. Trump's overall tariff plans could be the most damaging economic policy, causing inflation and reorganizing global supply chains.
According to experts, the short-term gold market is difficult to predict. However, fluctuations in gold prices create buying opportunities for investors.
Regarding the medium-term trend, Colin Cieszynski, expert at SIA Wealth Management, believes that the support price of 2,600 USD/ounce of gold will still be maintained and will tend to increase from there. Gold's resistance level is 2,690-2,720 USD/ounce. The gold market is unlikely to have a strong breakthrough in the near future.
🔥 GOLD BUY 2627 - 2625🔥
💵 TP1: 2640
💵 TP2: 2650
💵 TP3: OPEN
🚫 SL: 2618
In addition, Mr. Donald Trump pledged to sharply increase taxes on America's three largest trading partners, including Canada, Mexico and China. Economists say Mr. Trump's overall tariff plans could be the most damaging economic policy, causing inflation and reorganizing global supply chains.
According to experts, the short-term gold market is difficult to predict. However, fluctuations in gold prices create buying opportunities for investors.
Regarding the medium-term trend, Colin Cieszynski, expert at SIA Wealth Management, believes that the support price of 2,600 USD/ounce of gold will still be maintained and will tend to increase from there. Gold's resistance level is 2,690-2,720 USD/ounce. The gold market is unlikely to have a strong breakthrough in the near future.
🔥 GOLD BUY 2627 - 2625🔥
💵 TP1: 2640
💵 TP2: 2650
💵 TP3: OPEN
🚫 SL: 2618
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