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MarketsDünyaTurkish, translatedFiled 30 h ago

Will the rise in gold continue? The expert announced the critical level.

Original headlineAltında yükseliş sürecek mi? Uzman isim kritik seviyeyi açıkladı

Open the sourceReported by Dünya, dunya.com, 6 November 2026
Impact 30 of 100, routine

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Saxo Bank Head of Commodity Strategy Ole Hansen said gold’s recent rebound still needs to clear key technical levels before it can be considered durable, identifying the threshold that would signal selling pressure has ended while flagging risks that could stall the advance. The call comes as investors watch whether the metal can hold its recovery after a sharp selloff. Hansen did not specify a single price target in the cited remarks, focusing instead on the level that would confirm a shift in momentum. Traders will watch whether gold sustains gains above that threshold, and whether renewed selling or macro headwinds undercut the bounce.

Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

gold (XAU), Ole Hansen, Saxo Bank

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