All the factors which are shaping the markets these days seem to avoid gold which stays unchanged between $1800-2100. Even in the 21st century, in times of new technologies, cryptocurrencies and many, many more assets don’t deliver this stability. Beginners may be even shocked with so ‘calm’ price line of gold.
Price of Gold - Daily chart
Fluctuations are visible, gold visited negative levels today and inverted price line as well. Still ranging between -0.5% and +0.6%
Price of Gold – Monthly Chart
A spike seen at the beginning of March has been eliminated. It’s probably caused by the signals of cease fire in Ukraine.
Source/Data: TradingView.com
Charts: Courtesy of TradingView.com
