Gold seems to have caught support over the $1916 level. If it can reclaim the $1960 area and hold, I don't see why it doesn't revisit ATH over the next few weeks.
Commentaire:
Gold was rejected at the key 1960 level and now it hanging onto 1900 for dear life. A close back above 1920 is desperately needed to keep this run going now. The market seems to be going risk on into the constant yield curve inversions across the globe and supply chain constraints. Still long term bullish but until the mkt corrects back to some sort of fundamental basis, it seems to be a struggle.
