GOLD's New Bullish Cycle

Updated
We are close to my previous price target for GOLD:
GOLD gained 16.60% After the Last U.S. Credit Downgrade


In recent weeks, Gold has captured the spotlight by surging to all-time highs, signaling a potential shift in the precious metal's market dynamics!

The breakout has garnered attention from investors, raising expectations for a new bullish cycle, with some setting a price target of $2500.

Historically, gold has been perceived as a safe-haven asset, particularly during times of economic uncertainty, geopolitical tensions, or inflation concerns.

The recent surge in gold prices suggests that investors are increasingly turning to the precious metal as a store of value and a portfolio diversifier.

The $2500 price target underscores the optimism surrounding gold's future prospects!
Trade active
Gold all time high! Still bullish!
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