Strategic Analysis and Projections for Gold Market in 2024
From a fundamental and technical perspective, my current stance on gold in 2024 is predominantly optimistic. I anticipate the possibility of gold surpassing the $2,100 threshold within the fiscal year; however, it might necessitate a slight retracement beforehand. My strategic approach involves monitoring for a breach of the $2,020 mark, with an expectation of a temporary pullback to around $1,977, prior to the resumption of a bullish uptrend.
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.