Gold Markets Seek Support Amidst Profit-Taking Trends
Monday, 22 July 2024, 13:08
Current Market Sentiment
The gold market was a bit soft in the early hours of Monday, as we continue to see a bit of profit taking.
Major Uptrend
However, there is still a major uptrend to pay attention to, so this simply means we are waiting for an opportunity.
Investor Outlook
- Market participants are vigilant for signs of recovery.
- The overall trend suggests possible further gains.
- Continued interest in gold as a safe-haven asset.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.