Gold Spot / U.S. Dollar
Updated

Xauusd weekly setup gold report read the caption

233
Gold has been in an uptrend since the beginning of March, and the rally accelerated as gold hit new highs at the end of last week, when the spot price hit a new record of $3057. We see this breakout as the start of a new expansionary momentum with an upside potential of 33180/OZ, which represents 161.8% of the upside momentum from the start of the year to the February peak
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