In inflationary periods, gold is usually one of the main “safe haven” assets for investors.
Pro1 PREMIUM Portfolio
Resistances: $1825, $1870, $1920, $1980, $2050.
Supports: $1760, $1710, $1660, $1600.
Targets: (Bullish) $1820, $1850, $1990, $2100, $2250, $2400.
Trend structure in GOLD:
- Short term: Bearish.
- Medium term: Neutral-bearish.
- Long term: Bullish.