𝐏𝐫𝐨-𝐅𝐗 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐓𝐞𝐚𝐦 (𝐏𝐅𝐗𝐂𝐓)

This is the reason of gold going up while opening time of market... Gold Jumps on Heightened Geopolitical Risks Oct 9, 202307:10 GMT+5 GOLD+1.00% Gold jumped 1% to around $1,850 an ounce on Monday, extending gains from the previous session as the Israel-Hamas conflict extended into a third day, raising geopolitical risks in the Middle East. Palestinian militant group Hamas launched a surprise attack on Israel on Saturday, spurring a series of retaliations from the latter and resulting to a combined death toll of more than 1,000 from both sides. Investors were also wary of a wider conflict amid allegations of Iranian involvement in the attacks. On Friday, the metal gained 0.7% amid a pullback in dollar, even as a stronger-than-expected US jobs report fanned rate concerns. Higher interest rates raise the opportunity cost of holding non-yielding bullion and make it less attractive to investors, and vice versa.

There is no high impact news related to #USD nor other currencies. It's 🏦 Bank holiday #USD_JPY_CAD currencies.

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Technical chart 📉📈 1 Day Timeframe Trendline Simple Support and Resistance WEEKLY FORECAST Gold next move possible