Gold Skyrockets to Fresh Record Highs
Gold skyrocketed 🚀o/n to a fresh record closing high of $2558 (1.87%), kicking into gear after the ECB cut rates by 25bp.
In our Gold post last week we noted that while it held above $2470 and continued to coil below $2530 it could extend gains towards $2550.
Now that it's above $2550, providing it holds above a layer of s/t support at $2530/20 (sustained basis), the rally can extend towards $2650.
In our Gold post last week we noted that while it held above $2470 and continued to coil below $2530 it could extend gains towards $2550.
Now that it's above $2550, providing it holds above a layer of s/t support at $2530/20 (sustained basis), the rally can extend towards $2650.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.