Gold Technical: Medium-Term Uptrend Remains Intact But Risk of Minor Pull-back

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-gold117.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-gold117.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold117-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold117-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-gold117-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Today’s early Asian session’s swift rally to a fresh all-time high is likely to be driven by a thin liquidity trading environment rather than the Israel-Hamas geopolitical war risk premium. Spot Gold’s portfolio hedging role may gain traction as global recession risk resurfaces. Medium-term uptrend phase remains intact but may shape a minor pull-back below […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530111-gold-technical-medium-term-uptrend-remains-intact-but-risk-of-minor-pull-back/">Gold Technical: Medium-Term Uptrend Remains Intact But Risk of Minor Pull-back</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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