Key Level for Gram Gold: Has the Rise Begun?
Gram gold is just below the critical 6,500-lira level. This support, which broke last week, is now being tested from below. If it breaks through, the balance could shift; if it fails, pressure may continue.
The market still sees about an 80% chance of the Fed raising interest rates in December. U.S. employment data will be released on Friday. If the figures are strong, that likelihood will increase, interest rates and the dollar could recover, and gold could come under pressure. If they are weak, the rally may find support.
Details in the video.
This is not investment advice.
#GramGold #Gold #StockMarket
https://t.co/KMm82VQvcx
Gram gold is just below the critical 6,500-lira level. This support, which broke last week, is now being tested from below. If it breaks through, the balance could shift; if it fails, pressure may continue.
The market still sees about an 80% chance of the Fed raising interest rates in December. U.S. employment data will be released on Friday. If the figures are strong, that likelihood will increase, interest rates and the dollar could recover, and gold could come under pressure. If they are weak, the rally may find support.
Details in the video.
This is not investment advice.
#GramGold #Gold #StockMarket
https://t.co/KMm82VQvcx