Gold is skyrocketing without brakes, reaching $3,036, making traders as happy as a holiday, while those waiting to buy the dip... can only watch the price soar sadly. 😅
📌 The main reason?
The USD is as weak as a soggy cracker, giving gold a perfect chance to break out.
Safe-haven sentiment keeps pushing gold higher, and even traders who bought at the top still seem happy as prices show no sign of stopping!
📈 Forecast:
If gold holds above $3,020, there's a high chance it will set a new record.
And if it corrects? Just gathering momentum for another big jump!
💡 What about you? Are you already in position or still waiting and watching?
📌 The main reason?
The USD is as weak as a soggy cracker, giving gold a perfect chance to break out.
Safe-haven sentiment keeps pushing gold higher, and even traders who bought at the top still seem happy as prices show no sign of stopping!
📈 Forecast:
If gold holds above $3,020, there's a high chance it will set a new record.
And if it corrects? Just gathering momentum for another big jump!
💡 What about you? Are you already in position or still waiting and watching?
Trade active
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.