Gold Technical Analysis: Bullish Structure Emerges
Gold prices start the week lower as the US dollar strengthens due to averted government shutdown and expectations of a stronger dollar in 2025.
Gold’s safe haven appeal may be tested by geopolitical risks in Syria and the ongoing Russia-Ukraine conflict.
Technical analysis suggests a bullish structure for gold on a four-hour time frame, with a potential for further upside if the “Golden Ratio” price level holds.
Gold’s safe haven appeal may be tested by geopolitical risks in Syria and the ongoing Russia-Ukraine conflict.
Technical analysis suggests a bullish structure for gold on a four-hour time frame, with a potential for further upside if the “Golden Ratio” price level holds.
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