Gold has seen a strong surge due to being a safe haven commodity. The war between Russia and the Ukraine is playing a big part here as well as the inflation situation in the US.
We could see a break of the highs on this move but a larger correction is also on the cards should there be some relief. Time will tell which option plays out.
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.