This article examines the outlook for gold and silver for the coming weeks, analyzing the geopolitical and technical factors that could guide the trajectory of these key precious metals.
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Sep 21, 2023 when Wall Street traded near 34,068.90.
While the situation is in a state of flux and subject to change, some traders believe that a possible Israeli incursion into the Gaza Strip, designed to secure the coastal territory and disrupt Hamas operational facilities, could backfire. Such a move could unintentionally trigger more violence by potentially drawing other nations into the conflict, ultimately prolonging instability in the region.
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