Gold has been on an unrelenting vertical rally, but the cracks are starting to show! On the quarterly chart, the price has just kissed the 161% Fibonacci extension of a key channel, a level that often signals exhaustion. Meanwhile, volume has been quietly fading since early 2023, despite this marathon of a bull run with no meaningful correction yet. Is the market running out of steam? The charts are whispering a pullback—don’t miss the signs!
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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.