Gold- Will this be the expected move to new ATH?
As I said for quite some time, I expect a new ATH from Gold, and also yesterday, in my post I suggested buying dips as a strategy. Indeed, after a very short-lived dive under 2010, XauUsd exploded to the upside again and reached 2067, only 8usd from the old ATH.
Now the price is in a normal correction and this correction could offer bulls again a good price to enter.
The first support is around 2040, followed by the 2020 zone.
Only a drop and close under yesterday's low would put a pause on this strongly bullish scenario
Now the price is in a normal correction and this correction could offer bulls again a good price to enter.
The first support is around 2040, followed by the 2020 zone.
Only a drop and close under yesterday's low would put a pause on this strongly bullish scenario
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