In times of economic uncertainty, investors often turn to gold as a safe haven, seeking refuge from the volatility of traditional markets
- Gold
- Platinum
- Silver
Gold continues to trade in a consolidation range at a key potential pivot zone with a high of 2,041. For around six days it has been trading in a range pushing up against resistance marked by several indicators. A combination of the 8-Day, 20-Day and 50-Day moving averages are within the range along with a…
Gold Markets Technical Analysis
Gold Gears Up for Breakout as Speculator Sentiment Reaches Turning Point
Analysts abandon bear cave for bull run, retail traders stay balanced but bullish
The US dollar has continued to weaken over the last week, as safe-haven demand has catapulted the gold price beyond the $2040 mark.
Silver traders are currently witnessing a modest increase in prices in what can be described as a relatively calm trading period