XAUUSD we had almost 14% growth since Dec 31st to Feb 25th. Then we had 4% correction for Feb 28th Then we had almost 8% growth to March 20th Then a 2% correction to March 21st And the last one for now was a 5% growth to April 25th And a 5% correction for yesterday.
Total growth = 27% Total correction = 11% Effective growth = 16% Since Dec 31st
Even if we want go for 27% correction which is not possible with the situation of the world, wars, tariffs and etc the Gold can go down to 2500$
However, 2 things here: 1. We might be seeing a 4-5% growth to 3160$ 2. We go down around 2900$ and then we will have a 8-9% growth to 3160. Either way touching our ATH or a new ATH is still on the table. Pov is monthly / weekly
XAUUSD I don't know what people think about this crashed? this is properly manipulation by Donald Trump the reason is he want investment, money for his country, means people will be buying dip it's means US economy will go up again, but be careful Trump is very dangerous, go with China And Russia They have Power to reply very well. US want to be number one again but if people not investment with USA it will be dangerous for USA... sorry for my bad English 👍
XAUUSD Target “$2700” …. This week, HSBC joined the likes of Goldman Sachs and Bank of America in raising its price target for the yellow metal, citing the trend of robust central bank buying in recent years.
“Steep and sustained corrections below $3,000/oz., say to near or below $2,700/oz., could trigger speculative liquidation but also revive physical demand and encourage central bank purchases,” HSBC said.
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XAUUSD we had almost 14% growth since Dec 31st to Feb 25th.
