Hello dear friends, are you curious about the gold price trend this week?
As we enter a new week, gold has been steadily increasing by $10, reaching $2175 in Asian trading session. In the short term, it seems poised for further growth, although it may encounter resistance around the $2185 level.
The monetary policy decisions of the Federal Reserve in June could significantly impact the trajectory of this precious metal.
Details on the Outlook: A survey on Wall Street reveals mixed expectations: 40% predict higher prices this week, 27% anticipate a decrease, and 33% expect stable trading.
Meanwhile, an online poll on Main Street shows a bullish outlook, with 69% predicting price increases, 25% expecting a decrease, and 16% maintaining a neutral stance on the short-term outlook for gold.
As we enter a new week, gold has been steadily increasing by $10, reaching $2175 in Asian trading session. In the short term, it seems poised for further growth, although it may encounter resistance around the $2185 level.
The monetary policy decisions of the Federal Reserve in June could significantly impact the trajectory of this precious metal.
Details on the Outlook: A survey on Wall Street reveals mixed expectations: 40% predict higher prices this week, 27% anticipate a decrease, and 33% expect stable trading.
Meanwhile, an online poll on Main Street shows a bullish outlook, with 69% predicting price increases, 25% expecting a decrease, and 16% maintaining a neutral stance on the short-term outlook for gold.
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