Gold (XAUUSD) - What Will Stop The Gold Bull Run?
It seems like everyone is piling on the gold gravy train as it looks to make new highs in the coming weeks.
With a high level of volatility entering the marketplace over the next two weeks, expect sharp market swings on the intraday timeframes and don't get caught up!
Rate announcements on Wednesday, next week will be the determining factor on whether many will fly to safety or risk buying gold at the current pricing.
With a high level of volatility entering the marketplace over the next two weeks, expect sharp market swings on the intraday timeframes and don't get caught up!
Rate announcements on Wednesday, next week will be the determining factor on whether many will fly to safety or risk buying gold at the current pricing.
Trade active
With the FED making their decision about interest rates, it's evident that investors are confident that gold is one of the best safe haven to be in right now.
As I type this up now, all-time highs has been booked with price currently in uncharted territories.
Trade closed: target reached
All-time highs met!
Note
Daily candle update.
Price has successfully closed above the previous all-time highs.
Note
Daily bullish shooting star in uncharted territories
Will we see a short-term decline?
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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.