Gold Rises to Highest Level in 1 Week
Gold prices rose to their highest level in more than a week on safe-haven demand. Spot gold prices rose for a fourth straight session on Thursday, hitting their highest level in more than a week as safe-haven demand surged following Nvidia’s lackluster earnings forecast and escalating Russia-Ukraine tensions.
As of this writing, gold prices were at $2,670
- Buy if the price moves at least above $2,663
- Sell if the price moves at least below $2,677
Resistance Level 2: $2,692
Resistance Level 1: $2,677
Support Level 1: $2,663
Support Level 2: $2,648
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Always pay attention to developments in fundamental and technical aspects in transactions before making investment decisions.
Source: Newsmaker.id