TurboCapitals
@t_TurboCapitals
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TurboCapitals
Following Recent Update from fundamentals and that Gold isnt moved by seasonality trend this year , but Clearly geographical Impact, keen on the fundamentals and follow the money (liquidity) and unemployment dataLiquidity grabbed and Pushed gold upper towards 1300+ pointsCurrently trading at 2800 points, we anticipate flipping the 2666.090 zone toward our target of 2680.288 ahead of upcoming high-impact news (with an expectation of a potential downturn). Following the recent 50bps rate cut, unemployment is expected to decline modestly over time as lower rates stimulate economic growth. If geopolitical tensions are managed effectively, gold prices are projected to decline further. However, should these crises escalate, gold is likely to strengthen as a safe-haven asset, especially during events like war
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.