#preciousmetal#
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Precious metals are metals that are rare and have a high economic value, due to various factors, including their scarcity, use in industrial processes, and role throughout history as a store of value. The most popular precious metals with investors are gold, platinum, and silver.
Analysis: Gold (XAU/USD)
*Gold Broke the Triangle –But Will It Be Able To Retest Key Psychological Mark of 2050* *Previous Trading Session* • On Tuesday, gold gave a bullish breakout out of the symmetrical triangle pattern and made highs of 2047.05, • However, minor corrections were witnessed from the highs and gold e
Gold travels directionless at the apex of the symmetrical triangle pattern
*XAU/USD(Gold) Analysis**Previous Trading Session* • On Wednesday, gold ended the day in a bearish territory (at 2031.25) and fell around 9 points from the opening at 2040. • However, it could not give a close below 2029.72, our previously mentioned support level. *Current Situation* • Gold re
